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Microsoft profit sinks. First time in 23 years

Yes you heard it right, Microsoft’s profit sinks for the first time in 23 years!.
Well, here’s the article at engadget

According to numbers that the company has just released, sales fell 6 percent year-over-year, while overall net income dropped a staggering 32 percent. Those numbers are significant, but what’s more telling is where those losses are coming from. Namely? Netbooks. Apparently, in the midst of a global downturn consumers really are buying cheaper, especially when it comes to tech, which puts a fairly significant crunch on Redmond’s bottom line. A CNN reports suggests that the presence of Linux on those devices has contributed to the hurt here, but it’s more likely that the combo of a market still unwelcoming to Vista and the wide popularity of XP on the low-power systems has more to do with these dipping profit margins. Oh, and that general, awful market depression.

Hey microsoft, Just release the windows 7.

Via Engadget

Jam Ancheta
Jam Anchetahttps://jamonline.ph
Jam Ancheta likes to create content about tech. But he also hates tech.

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