SEATTLE, July 18 Microsoft Corp on
Thursday reported lower-than expected quarterly earnings as slow
personal computer sales ate into its Windows business and it
took a large unexpected charge for its inventory of unsold
The world's largest software company reported fiscal
fourth-quarter profit of 59 cents per share, compared with a 6
cents per share loss in the year-ago quarter when it wrote off
the cost of a failed acquisition.
Wall Street had expected earnings of 75 cents per share, on
average, according to Thomson Reuters I/B/E/S.