Gizmodo – Results for last quarter are in, and with revenues reported well below already cautious estimates, it was a nasty few months for Microsoft. It’s almost as if they’re sitting on new generations of products in every single space they inhabit.
But analysts were well aware of Microsoft’s cage of not-quite-released hardware and software, and their revenue estimates were still more than a billion dollars long. Months that were supposed to see $14.3bn pass through the company’s accounts ended with just $13.1bn, which is a full 17% down from the same quarter last year. That globbed onto an also-tough Q3 to round out their financial year with a 3% decline in revenue overall—the first time they’ve seen a yearly decline in company history.
