The Traderszone Network

Published in TZ Latest News 26 January, 2015 by The TZ Newswire Staff

Microsoft profit falls on sluggish Windows demand, tax charge

Microsoft Corp said on Monday fiscal second-quarter profit fell, in line with Wall Street’s forecasts, as sluggish personal computer sales dampened demand for Windows software and the company struggled with unfavorable currency moves against the strong U.S. dollar. “While currency is a headwind for Microsoft and other large international companies, we would characterize the headline numbers as good enough, although some bulls may have been hoping for a bigger beat,” said Daniel Ives, an analyst at FBR Capital Markets.

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