SEATTLE: Microsoft Corp, the world's largest software maker, said on Thursday its quarterly profit fell 17% due to a change in its stock compensation plan, but it raised its revenue outlook based on stronger personal computer demand.
Redmond, Washington-based Microsoft reported a net profit of US$1.55bil, or 14 cents per share, for the fiscal second quarter ended Dec 31, compared with a profit of US$1.87bil, or 17 cents per share, a year earlier. Both included the cost of stock-based compensation.
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