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| Slow PC Sales Weaken Earnings |
| Tuesday, 24 January 2012 |
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Strong sales to businesses helped Microsoft overcome slow PC sales and bring in US$20.9 billion in revenue in the second quarter (ended Dec. 30, 2011) of its 2012 fiscal year, a 5% increase from last year's second quarter. Net income declined very slightly year-over-year to US$6.62 billion from US$6.63 billion. The company's server businesses were particularly strong, which helped compensate for lower sales and margins in some of the company's consumer businesses, as well as expansion of its lower-margin professional services arm. Sections in the Microsoft Quarterly Earnings Report
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