Microsoft Corp. is telling employees that a reorganization plan by departing Chief Executive Officer Steve Ballmer will go ahead, seeking to reassure senior managers who are concerned that the search for a successor will throw turnaround efforts into disarray.
Microsoft Corp., the world’s largest software maker, reported fourth-quarter profit and sales that exceeded analysts’ predictions as it benefited from robust demand from corporations and a lower-than-expected tax rate.
Microsoft Corp. fell the most in more than four years after fourth-quarter profit missed analysts’ projections by the biggest margin in at least a decade as demand weakens for personal computers running Windows.
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. named Amy Hood its first female chief financial officer, putting a 10-year veteran in charge of debt, finances and a growing cash pile at a software maker beset by plunging demand for personal computers.
Microsoft Corp.’s Windows sales slumped last quarter as the iPad crimped demand for consumer laptops, marking the first time in 20 years that the software maker reported a smaller quarterly profit than Apple Inc.
Microsoft Corp., the world’s top software maker, reported third-quarter sales in the Windows division that missed analysts’ predictions as consumers shunned its products in favor of tablets such as Apple Inc.’s iPad.