Saturday, April 23, 2016

Worse than expected Microsoft – Swedish Dagbladet

The share fell about 4 percent after trading on the New York Stock Exchange.

Net income fell to 3.76 billion dollars, or 47 cents per share, from 4.99 billion dollars, or 61 cents per share , in the same period last year.

sales fell by more than a billion dollars to 20.53 billion dollars compared with last year.

Adjusted for one-time expenses, earnings 62 cents per share. Analysts on average had expected a profit of 64 cents per share.

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