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Microsoft profits lower than expected because of “art service”
Microsoft’s profit came in lower than expected, despite its height due to poor uptake of her Tablet PC
Microsoft announced on high earnings for the fourth quarter of its fiscal year by 10 percent, with about 12.4 billion dollars in revenue, including 4.97 billion dollars in net profits. Although the figures suggest Microsoft earnings rise compared with the same period last year, but they came up short of expectations as earlier forecasts pointed to 20.72 billion revenue, resulting in a decline in Microsoft shares by 3%.
The company explained the low revenue projections by weak demand on her Tablet “art service”, where she still keeps in warehouses worth nearly 900 million dollars of which had been unable to sell.
Microsoft said that its revenue was affected by lower demand in the personal computer market, but were partially offset by increased demand for cloud services and services provided by companies, she said, she has seen high demand for services such as Office 365 ″ and “Outlook dot com” and “Skype” and “Xbox Live”. The company also said it had achieved an increase of about $ 222 million of their profits in the mobile phone sector.
Mention that Microsoft has used before to reduce the price of her Tablet PC service art”by 30% in the hope of improving sales.
Surf’s up RTL,
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