Microsoft Earnings Announced- Profits Down, Cutoffs In Jobs and More!
January 23rd, 2009 | RSS Feed
Microsoft Corp. recently announced their revenue of $16.63 billion for the second quarter.
What can you expect in this period of recession? Negative reports ofcourse. Their quarterly profits were down (contrary to revenue, that showed a slight increase):
“Operating income, net income and diluted earnings per share for the quarter were $5.94 billion, $4.17 billion and $0.47, declines of 8%, 11% and 6%, respectively, compared with the prior year.”












