Microsoft earnings drop as netbooks take chunk of PC sales

Posted by Scott_Ruecker on Apr 25, 2009 1:21 PM EDT
ars technica; By John Timmer
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As the last round of quarterly reports rolled in, Apple's didn't look so hot—until they were followed by mediocre results from Microsoft and an absolute disaster for Sony. This time around, with everyone's expectations lowered by months of economic turmoil, Apple's results looked pretty good, but Microsoft put a quick stop to any speculation that the good news for Cupertino was a general sign. The economy hit Microsoft hard, knocking profits down by nearly a third from where they were a year ago, with nearly every division of the company seeing a drop in revenue. After these results, I fear for Sony.

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