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Microsoft 3Q profit falls 11% y-o-y

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Associated Press Seattle

Microsoft said its net profit for the three months ended March 31 fell to $4.39 billion, or 47 cents per share, from $4.93 billion, or 50 cents per share, in the same period last year.

The results still beat Wall Street's expectations. Analysts surveyed by Thomson Financial forecast a profit of 44 cents per share.

 

But investors, chewing over the company's guidance and a drop in sales in the division that produces the flagship

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First Published: Apr 25 2008 | 12:05 PM IST

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