Company sees an unexpected record fourth-quarter revenues of $17.4bn, but losses in online services division continue to deepen.

Microsoft exceeded analyst earnings estimates in its fourth quarter to the end of June, helped by strong sales of its Office software and Xbox console – but its shares fell on concerns about soft PC sales reducing demand for its Windows product.The company saw record fourth-quarter revenues of $17.4bn and profits of $6.2bn, up 8% and 4% respectively, although the figures mean that it was eclipsed for the second quarter in a row by Apple. Guardian

 

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