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Microsoft's Q3 revenue up 6% to $23.56 bn on low tablet, laptop sales

Shares of the world's largest software company fell 1 per cent to $67.62 in trading after the bell

Reuters 

Microsoft Corp on Thursday reported quarterly revenue that slightly missed Wall Street estimates as it suffered a sharp dip in sales of its Surface tablets and laptops. Shares of the world's largest software company fell 1 per cent to $67.62 in trading after the bell. Under Chief Executive Satya Nadella, who took the helm in 2014, Microsoft has sharpened its focus on the fast-growing cloud computing unit to counter a prolonged slowdown in the personal computer market, which has weighed on demand for its Windows software. For the fiscal third quarter, ended March 31, ...

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First Published: Fri, April 28 2017. 05:04 IST
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