Microsoft sales fell for the first time in 23 years
April 25, 2009, 6:11 am
Software giant Microsoft has published the results of the third quarter of 2009 fiscal year, which ended March 31. For the first time in 23-year history, the company announced a decline in quarterly sales, which amounted to $ 13, 7 billion, which is 6% lower than a year earlier. Net income fell immediately by 32% to $ 2, 98 billion or 33 cents per share. In compensation earnings reflected 5 000 laid-off employees, as well as investments in the amount of $ 420 million unit Online Services lost $ 575 million, and the Entertainment and Devices - $ 31 million Liddell, Chris (Chris Liddell), Chief Financial Officer of Microsoft, noted that the current period is the heaviest in the history of the company because of the global crisis. Sales of computers in the quarter declined by 7-9%. As a consequence, demand fell for OS Windows. Consumers also began to pay more attention netbukam on which the low-cost version of Windows or even Linux. The increase in sales may occur at the end of the year. According to rumors, it is in the holiday season Microsoft will begin selling long-awaited system Windows 7.