“Microsoft Corp. on Thursday reported disappointing fiscal fourth-quarter results that reflected a sharp slowdown in software sales as demand for new personal computers waned in the recession,” John Letzing reports for MarketWatch.
“Microsoft said net income for the period ended in June fell to $3.05 billion, or 34 cents a share, from $4.3 billion, or 46 cents a share in the same period a year earlier. Revenue fell 17% to $13.1 billion,” Letzing reports. “Wall Street analysts had expected Microsoft to post fourth-quarter earnings of 36 cents a share on $14.37 billion in revenue, according to data compiled by Thomson Reuters.”
Letzing reports, “Shares of Microsoft fell more than 6% to $23.92 in after-hours trading following the company’s earnings announcement.”
Full article here.
MacDailyNews Take: Bwahahahaha! Huge, overflowing pools of schadenfreude are just perfect for doing the backstroke. And, yes, that Karma sure is one sweet bitch. 
