[Reuters] Microsoft says no new cost cuts, shares hit 11-year low

Posted by: UGN Security

[Reuters] Microsoft says no new cost cuts, shares hit 11-year low - 02/25/09 12:21 PM

BOSTON (Reuters) - Microsoft Corp outlined plans to offset revenue declines as the PC market shifts to low-cost netbooks, but it failed to announce more cost cuts, sending its shares to an 11-year low.