Microsoft revenue down 17%

26 July 2009

Microsoft Corp, the world's largest software maker, has posted the first-ever drop in annual sales of Windows, and its quarterly revenue fell a steeper-than-expected 17% as its business continued to be hurt by the weak global PC and server markets, Reuters has reported. 'We still see conditions being challenging for the balance of this calendar year,' Microsoft's CFO Christopher Liddell has said.

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