Microsoft reported a fall in its quarterly profit that was in line with Wall Street forecasts, as the company struggled with the impact of a strong U.S. dollar and reduced demand for Windows software due to slumping personal computer sales. Net profit came in at $5.86B compared with $6.56B in the year-ago quarter. Microsoft (NASDAQ:MSFT) also set its financial forecast for the remainder of the fiscal year, which ends in June, below Wall Street estimates. MSFT -6.8% premarket.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.