Committed to PEOPLE'S RIGHT TO KNOW
Vol. 5 Num 948 Sun. January 28, 2007  
   
Business


Microsoft profit down


Microsoft Corp. shares got a bounce after the software maker posted fiscal second-quarter results that beat analysts' forecasts and offered encouraging signs about the fate of the new Windows Vista computer operating system.

Vista's long-delayed launch was largely to blame for Microsoft's 28 percent drop in profits in the last three months of 2006. Earnings fell to $2.63 billion, or 26 cents per share, from $3.65 billion, or 34 cents per share, during the same period last year.

Revenue rose to $12.5 billion, a 6 percent gain from $11.8 billion in the year-ago quarter. Analysts were expecting just shy of $12.1 billion.