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Title: Microsoft releases fourth quarter results Post by: Alex on July 24, 2009, 12:50:10 PM Microsoft releases fourth quarter results
According to a press release, Microsoft has released its fourth quarter results ending June 30, 2009. Microsoft announced a revenue of $13.10 billion. That's down 17% from last year. "Our business continued to be negatively impacted by weakness in the global PC and server markets," said Chris Liddell, chief financial officer at Microsoft. "In light of that environment, it was an excellent achievement to deliver over $750 million of operational savings compared to the prior year quarter." In a conference call, Chris Liddell said, "We don't expect conditions to improve much, but we don't expect them to worsen either". Client revenue was the main headline according to ZDNet. Read full story... http://feedproxy.google.com/~r/neowin-main/~3/z_VGWnDb4j0/microsoft-releases-fourth-quarter-results |