Sunday, July 21, 2013

Roundup Microsoft shares tumble after weak 4th-qtr results Venture ...


Tribune Review Saturday 20th July, 2013


Microsoft stock took a big hit on Friday, after the software giant behind Windows, the Xbox and Surface tablets reported disappointing results for the latest quarter. The results, which fell below Wall Street’s expectations, included a large write-off for Microsoft Corp.’s Surface RT business. A poor reception for Windows 8 contributed to a revenue drop in the company’s operating system software unit. Redmond, Wash.-based Microsoft’s shares fell $4.04, or 11.4 percent, to $31.40 Friday. Year to date, Microsoft’s shares are up about 18 percent.


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Source: http://www.haitisun.com/index.php/sid/215948338/scat/d805653303cbbba8


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http://reutersnewsafrica.monaviescotland.com/1391/roundup-microsoft-shares-tumble-after-weak-4th-qtr-results-venture-investments-drop-in-2q-report-finds-more/






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