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Internet and Media, Investments

Microsoft's Numbers Fall Short of 'Street' Expectations


Two days before Steve Ballmer's buyout offer with Yahoo expires and the street appears to be less than thrilled with Microsoft's third fiscal quarter numbers and perhaps more so the lack-lustre projected sales for June, falling short of many analyst's expectations.

Miocrosoft's stock fell more than 5 percent in after-the-bell trading on Wednesday on ho-hum sales projections for products, and continued to fall in early trading today.

Microsoft posted a $4.39 billion in profits down from $4.93 billion for the same period last year. Revenue rose slightly 0.4 percent to $14.45 billion.

Advantage Jerry Yang and Yahoo.