microsoft profit hit by reorganization costs
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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Microsoft profit hit by reorganization costs

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Arab Today, arab today Microsoft profit hit by reorganization costs

Microsoft
San Francisco - Arab Today

Microsoft reported a drop in its quarterly profit Thursday, dragged down by higher costs for restructuring and integrating the Nokia mobile phone operations.

The tech giant's net profit for the fiscal quarter ending March 31 fell 12 percent to $4.985 billion on revenues which rose six percent to $21.7 billion.

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