Life...as it relates to Technology. » Economy http://www.hobbub.com Technology, Internet and Real World Product Reviews. Wed, 14 Jul 2010 04:45:05 +0000 http://wordpress.org/?v=2.8.5 en hourly 1 Microsoft Revenue Falling for First Time Ever http://www.hobbub.com/tech-general/microsoft-revenue-falling-for-first-time-ever/ http://www.hobbub.com/tech-general/microsoft-revenue-falling-for-first-time-ever/#comments Thu, 23 Apr 2009 21:26:08 +0000 scott http://www.hobbub.com/home-life/microsoft-revenue-falling-for-first-time-ever/ This can’t be a good thing. Microsoft just announced that quarterly revenue fell from the previous year for the first time ever. Keep in mind that Microsoft has been around for 23 years as a public company.

This could be the beginning of the end. Premature to say that? Of course, but – although I love their development tools – they just don’t seem to get IT.

Being the world’s largest software company isn’t easy. There has been a target on their back for a long time and Google and others are now smelling blood.

MSFT profits fell 32 percent to $2.98 billion, or 33 cents per share. Sales in the fiscal third quarter dropped 6 percent to $13.65 billion from $14.45 billion last year.

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