Microsoft Corp. tumbled the most in more than a year after Goldman Sachs Group Inc. said the software maker is struggling with slack personal-computer sales and its push into consumer devices has failed to gain traction.
Microsoft Corp. may announce a 15 percent increase to its quarterly dividend later this month, according to data compiled by Bloomberg, as the world’s largest software maker faces a growing cash position.
Microsoft Corp., the world’s largest software maker, reported second-quarter profit that beat estimates, lifted by holiday sales of Xbox machines and Kinect sensors, as well as corporate software demand.
Microsoft Corp. had a bigger gain in multiyear software deals than analysts predicted last quarter, a sign that businesses are flocking to the company’s programs as consumers delay purchases or opt for competitors.
Microsoft Corp. reported fourth- quarter unearned revenue, a yardstick of future sales, that topped analysts’ estimates, a sign that the largest software maker will benefit from corporate demand for its programs.