Microsoft Bides Its Time Despite Q2 Profit Slump

Microsoft reported an earnings slip in its second fiscal quarter on Thursday, despite strong sales from its Windows 8 operating system that gave overall revenue a boost. It brought in $21.46 billion in revenue, a 3 percent increase from the same period a year ago. However, its net income of $6.4 billion was down from the $6.6 billion posted in the year-ago quarter. Sales of the new Windows 8 OS provided a bump — revenue from the Windows Division was $5.8 billion, up 24 percent year-over-year, with 60 million licenses sold.

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Microsoft Bides Its Time Despite Q2 Profit Slump

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