Vista delay reduces Microsoft earnings
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The long delay in launching the Windows Vista computer operating system hurt fiscal second-quarter profit at Microsoft, which reported a 28 percent drop in earnings Thursday despite revenue growth that exceeded forecasts.
In the last three months of the year, earnings fell to $2.63 billion, or 26 cents a share, from $3.65 billion, or 34 cents a share, during the same period last year. Analysts polled by Thomson Financial expected the Redmond, Wash., software maker to post earnings of 23 cents a share.
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