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Microsoft Post Lousy Q4 Earnings

  • Reuters, Friday, July 19, 2013 11:42 AM
A deteriorating PC market and disappointing sales of its Surface tablets resulted in Microsoft reporting poor fourth-quarter earnings on Thursday. “Microsoft posted lower-than-expected quarterly earnings on Thursday, hit by a $900 million write down on its Surface tablets after it cut prices,” Reuters reports. Microsoft launched Surface tablets last year in attempt to take on Apple’s iPad.

 


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