Microsoft Earnings, Revenue Miss Forecasts

Posted by Joachim Bartels | Oct 19, 2012 | Business Information, Business Software, Microsoft, United States | 0 |

Revenue fell 8 percent to $16.01 billion from $17.37 billion a year ago. Net income according to generally accepted accounting principles fell to $4.47 billion, or 53 cents per share, from $5.74 billion or 68 cents per share, in the year-ago quarter.

Analysts had expected the company to report earnings of 56 cents a share on $16.42 billion in revenue, according to a consensus estimate from Thomson Reuters.

Source: Yahoo Finance – CNBC

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Joachim Bartels

Joachim C Bartels is a co-founder, director, head of information resources and Editor-in-Chief of BIIA. In his capacity as Editor-in-Chief he is responsible for the selection of relevant information content concerning industry insights, trends, technological developments, standards and policies impacting BIIA members in particular and the business information industry in general.

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