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Microsoft Q3 profit down 25% at US$3.8b

Published Fri, Apr 22, 2016 · 09:50 PM

San Francisco

MICROSOFT reported a 25 per cent plunge in quarterly profits as the company navigated away from its role as a software seller to a services model.

Shares in Microsoft, once the world's largest company, were down 4.3 per cent in after-hours trade following the results, which were weaker than expectations.

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