Microsoft's Profit Falls 3.7% as Windows 8 Gets Off to a Slow Start - Wall Street Journal

Article Excerpt

Microsoft's Profit Falls 3.7% as Windows 8 Gets Off to a Slow Start

BY SHIRA OVIDE

Microsoft Corp. bet late last year on a new operating system to help it adjust to an era of smartphones and tablets. But the software company's latest results show that the adjustment is off to a slow start.

The Redmond, Wash., software maker on Thursday posted a 3.7% decline in net income to $6.38 billion, or 76 cents a share, for its fiscal second quarter, down from $6.62 billion, or 78 cents a share, a year earlier. Revenue rose 2.7% to $21.5 billion from $20.9 billion a year earlier.

The results underlined how Microsoft's new operating system, Windows 8, hasn't ...

Continue reading article with pop up player