1

Microsoft's Q4 Earnings Miss With $19.9B In Revenue, EPS Of $0.59, Takes $900M Charge Against Surface RT Inventory Adjustments

view story
linux-howto

http://techcrunch.com – Microsoft just posted its earnings for its fourth financial quarter of 2013. The company reported revenue of $19.9 billion and earnings per share of $0.59. While that’s in line with analyst expectations, it’s worth pointing out that most analysts had revised their estimates downward over the last three months. The Wall Street consensus was that Microsoft would report $20.74 billion in revenue and earnings per share of $0.75. The surprise in this release is that Microsoft says it’s taking a $900 million charge “related to Surface RT inventory adjustments.” That&#82 (IT news)