Microsoft revenue declines 17% in fiscal Q4

摘要

Microsoft's revenue declined 17% and net income declined 29% year over year in its fiscal 2009 fourth quarter due to continued weakness inglobal sales of PCs and servers, the company reported. Revenue of $13.1 billion and earnings per share of 34 cents slightly missed ana-lysts' forecasts for the quarter that ended June 30; Thomson Reuters analysts were expecting revenue of $14.37 billion and earnings per share of 36 cents. Microsoft CFO Chris Liddell acknowledged that fourth-quarter results were disappointing, but said the company is in a good position to meet the economic challenges it expects to face in at least the first two quarters of its fiscal 2010. "In my mind we are a stronger company than we were a year ago," he said. "However, the economy continues to be challenging and we need to lift our game to another level in 2010."