LITANY OF WOES: Microsoft's problems included an unexpectedly soggy PC market, an ongoing dip in companies' spending on Office software, problems in Japan and China and a strong US dollar eating away at its huge overseas revenues.
SEATTLE: Investors wiped US$35bil (RM126.39bil) off Microsoft Corp's market value on Jan 27 without any clear-cut, single explanation.
The world's largest software company, whose shares had climbed about 30% over the past 12 months to near 15-year highs, instead worried investors with a series of troubling signals in its earnings report and conference call on Jan 26.
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