“REDMOND, Wash. (AP) — Microsoft says its fourth-quarter earnings slipped 4 percent, despite a lift from its latest version of Windows.
The results announced Thursday are the first to include Windows 8. The program is a dramatic overhaul of the Microsoft Corp. operating system that powers most PCs. Windows 8 came out Oct. 26 with slightly more than two months left in Microsoft’s fiscal second quarter.
Although the Windows 8 sales haven’t been as impressive as investors hoped, revenue in Microsoft’s Windows division climbed 24 percent from the previous year.
BGC Financial analyst Colin Gillis said Microsoft “has multiple revenue streams that are still very nice businesses.”
“I kind of like the Windows segment,” he said, adding that the 24 percent growth was “a little stronger than expected.”
Microsoft earned $6.4 billion, or 76 cents per share, during the final three months of the year. That was down from $6.6 billion, or 78 cents per share, a year earlier.
The company’s total revenue rose 3 percent from last year to $21.5 billion…”
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