Microsoft profit for Q3 rises, cautions about the year ahead


  • Business
  • Thursday, 17 Apr 2003

SEATTLE: Microsoft Corp has posted higher third-quarter earnings and revenue as long-term corporate contracts shielded it from the prolonged technology slump. 

But the world’s largest software maker also offered a cautious outlook for the coming fiscal year, saying it did not expect an economic rebound to drive a recovery in spending on computers and related software. 

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