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

French fry burger taco is the snack we’ve been waiting for

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.

Must Watch

Community

  1. 27:26

    Community Episode 1: Ladders

  2. 27:26

    Community Episode 2: Lawnmower Maintenance and Postnatal Care

  3. 24:40

    Community Episode 3: Basic Crisis Room Decorum

  4. 30:58

    Community Episode 4: Queer Studies and Advanced Waxing

  5. 28:45

    Community Episode 5: Laws of Robotics and Party Rights

  6. 28:13

    Community Episode 6: Basic Email Security

Other Space

  1. 27:05

    Other Space Episode 1: Into the Great Beyond...Beyond

  2. 25:20

    Other Space Episode 2: Getting to Know You

  3. 25:51

    Other Space Episode 3: The Death of A.R.T.

  4. 25:46

    Other Space Episode 4: Ted Talks

  5. 26:44

    Other Space Episode 5: Trouble's Brewing

  6. 27:02

    Other Space Episode 6: Powerless