According to a press release, Microsoft has released its fourth quarter results ending June 30, 2009. Microsoft announced a revenue of $13.10 billion. That's down 17% from last year. Net profit for the period was $3.1bn (Â£1.9bn), down by 29% from the same period a year earlier.
"Our business continued to be negatively impacted by weakness in the global PC and server markets," said Chris Liddell, chief financial officer at Microsoft
. "In light of that environment, it was an excellent achievement to deliver over $750 million of operational savings compared to the prior year quarter."
In a conference call, Chris Liddell said, "We don't expect conditions to improve much, but we don't expect them to worsen either".
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