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(Corrects paragraph four to say adjusted revenue rose, not fell)
April 21 (Reuters) - Microsoft Corp reported a 5.5 fall in quarterly revenue as a strong U.S. dollar reduced the value of sales from outside the United States and a weak personal computer market limited demand for its mainstay Windows operating system.
The company's net income fell to $3.76 billion, or 47 cents per share, in the third quarter ended March 31, from $4.99 billion, or 61 cents per share, a year earlier.
Revenue fell to $20.53 billion from $21.73 billion.
Adjusted revenue rose to $22.08 billion from $21.73 billion. (Reporting by Anya George Tharakan in Bengaluru; Editing by Savio D'Souza)