Microsoft suffers first fall in revenue (via Indonesianurbanfamily’s Blog)

So does this mean Microsoft needs to worry about needing a $150 million investment and support from Apple?

Revenue for the year was down 3pc at $58.4bn as fourth-quarter sales slid 17pc to $13.1bn – well below analysts forecasts of $14.4bn. Even if the company had not deferred some Windows revenue, it still would have missed expectations by a wide margin. The results reflect how Microsoft’s fortunes are tied to the PC industry, which is expected to sell fewer computers this year than last — the first such decline since 2001. Many buyers are holding on … Read More

via Indonesianurbanfamily’s Blog