Microsoft’s Windows Bolsters Sales in Challenging Market
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Microsoft Corp. reported lower profit on higher revenue, after the world’s largest software maker spent more money to market its Windows operating system and lure consumers flocking to tablets and smartphones.
Net income in the fiscal second quarter declined 3.7 percent to $6.38 billion, or 76 cents a share. Corporate demand helped bolster revenue, which rose 2.7 percent to $21.46 billion, Microsoft said in a statement yesterday. Analysts had predicted profit of 74 cents a share on $21.54 billion in revenue, according to the average of estimates compiled by Bloomberg.