Wednesday, January 26, 2011

Microsoft set to report lower profit on stale PC growth (Reuters)

FILE - This is a Thursday, Jan. 24, 2008 file photo provided by Microsoft, of Microsoft founder Bill Gates, left, Bono, and Michael Dell founder and Chairman of Dell Inc., introduce a series of Dell RED personal computers powered by Windows Vista Ultimate, in Davos, Switzerland. When consumers buy one of these PCs, Dell and Microsoft will contribute a total of $50 to $80, depending on the model, to The Global Fund to help in the fight against AIDS in Africa. A nearly $22 billion development fund backed by celebrities and hailed as an alternative to the bureaucracy of the United Nations sees as much as one-third to two-thirds of some grants eaten up by corruption, The Associated Press has learned. (AP Photo/Microsoft, Remy Steinegger)Reuters - Microsoft Corp is set to report a dip in earnings on Thursday, a year after the launch of its Windows 7 operating system blew away Wall Street estimates, as sales of personal computers lag expectations and Apple Inc's iPad eats away at the fringes of its core market.


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