The Straits Times
Published on Jan 25, 2013

Microsoft profit dips ahead of Office revamp


SEATTLE (REUTERS) - Microsoft Corp said its quarterly profit fell as Office software sales slowed ahead of a new launch, offsetting a solid start for its new Windows 8 operating system.

Profit at the world's largest software company slid to US$6.4 billion (S$7.9 billion), or 76 US cents per share, in the fiscal second quarter, from US$6.6 billion, or 78 US cents per share, in the year-ago quarter.

Wall Street had expected 75 US cents per share, on average, according to Thomson Reuters I/B/E/S.

Overall sales rose 3 per cent to US$21.5 billion, Microsoft said on Thursday, in line with analysts' estimates.