Quarterly net profit fell 21% but still beat Wall Street estimates.
- Software maker Microsoft announces 8% revenue drop
- $1.36 billion in revenue is deferred
- CEO Steve Ballmer says Windows 8 launch starts new era
- Revenue up 9% in online services division
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A Hefty 33% Drop
In the Windows and Windows Live division, revenue fell to $3.24 billion, down a hefty 33% from a year ago.
The business and the entertainment divisions posted slight drops in revenue.
The bright spot was the online services division, which saw revenue of $697 million, up 9% from a year ago. Microsoft said online advertising revenue grew 15%, driven mostly by an increase in revenue per search.
The company reaffirmed its fiscal 2013 operating expense forecast of $30.3 billion to $30.9 billion but offered no other financial guidance.
Copyright Agence France-Presse, 2012
