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Microsoft profit fell 11%

Following reports that Yahoo’s profit more than tripled, Microsoft received financial results from Microsoft, which is aggressively trying to acquire Yahoo.

Microsoft's net profit for the third quarter of the fiscal year (the year at Microsoft ends on June 30) fell by 11% compared to the same period last year. The company earned less than analysts had predicted and the stock price on the New York Stock Exchange fell 4.8% to $ 30.26.

CNNMoney

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Source: https://habr.com/ru/post/24200/


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