Latest Business News: Microsoft Profit Below Estimates After Tablet Charge

Now watching

Next video starts in : 7 Play

Latest Business News: Microsoft Profit Below Estimates After Tablet Charge

Latest Business News: Microsoft Profit Below Estimates After Tablet Charge
Replay video
Up next

UFC 184: Ronda Rousey Octagon Interview

Unlock your personal NFL Now stream by signing in to NFL.com

Latest Business News: Microsoft Profit Below Estimates After Tablet Charge

by Wochit 1:07 mins

Latest Business News: Microsoft Profit Below Estimates After Tablet Charge

by Wochit 1:07 mins

Microsoft Corp reported lower-than-expected quarterly earnings as slow personal computer sales ate into its Windows business and it took an unexpected $900 million charge for its inventory of unsold Surface tablets. Microsoft reported fourth-quarter earnings of $4.97 billion, or 59 cents a share, on revenue of $19.9 billion. Wall Street expected the tech giant to report fourth-quarter earnings of 75 cents a share on revenue of $20.73 billion. Army General Martin Dempsey, speaking to a Senate panel considering his nomination to a new two-year term as chairman of the Joint Chiefs of Staff, said steep, across-the-board budget cuts have left American armed forces out of balance and less prepared to meet new security threats, a problem that can only worsen with new reductions on the horizon.

Videos For You

Community

  1. 3:05

    Community 501 - Season 5: Super Seniors

  2. 2:30

    Community 401 - Season 4: Senior Year

  3. 3:05

    Community 301 - Season 3: Junior Year

  4. 2:56

    Community 201 - Season 2: Sophomore Year

  5. 3:02

    Community 101 - Season 1: Freshman Year

  6. 2:00

    Community Cast Announce the Season 6 Premiere Date