Microsoft benefit decreases 18 percent

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Microsoft benefit decreases 18 percent

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Microsoft benefit decreases 18 percent
Microsoft Corporation announced Friday that its net profit has fallen to 18 percent in the first quarter of this fiscal year, but still this is better result than was expected.</p>


Software giant, which two days ago has started selling the new operating system Windows 7, has announced that net profit is reduced to 3:57 billion dollars, 52 cents per share respectively.</p>


Wall Street analysts had expected the price per share to be 32 cents.
In the quarter, which concluded on September 30, revenues are down 14 percent compared with the same period last year, the “only” U.S. $ 12.92 billion.</p>


“We are very pleased with the results in this quarter, especially with the numerous requirements for Windows”, said Microsoft finance chief Chris Liddell.</p>
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