[Reuters] Microsoft revenue misses, shares tumble

Posted by: UGN Security

[Reuters] Microsoft revenue misses, shares tumble - 07/23/09 02:23 PM

NEW YORK (Reuters) - Microsoft Corp posted a steeper-than-expected 17 percent drop in quarterly revenue and said its business continued to be hurt by the weak global PC and server markets, sending its shares down 8 percent and hurting broader stock futures.