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Microsoft Q1 Earnings Up 2pct, with Revenue down 12pct

5:31 pm on Oct 23, 2015 (gmt 0)

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Clearly, Microsoft is transitioning, and this latest earnings shows exactly that going on. The key is profitability, and that's up to $4.62 billion, from $4.54 Billion a year ago. Revenue decreased 12pct to $20.4 billion from $23.2 billion a year ago.
“We’re pleased with our operating results this quarter. With financial discipline and strong execution, we grew operating income by 11 percent in non-GAAP constant currency,” said Amy Hood, executive vice president and chief financial officer of Microsoft.


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