Microsoft's stock took a nosedive in after hours trading despite its seemingly successful quarterly results. What's got investors in a panic when everything seems to be going well? Windows, of course.
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Microsoft's board approved a dividend rate of $0.31 per share, an amount equal to last quarter's payout. It's been a great fiscal year for the company so high dividend were expected by investors.
Dell has posted its quarterly earnings report and while its yearly revenue is pretty much flat the company has seen a 72% decline in profits. Dell is also trying to go back to being private company.
Samsung and Apple go head to head via their latest earnings reports and the Korean company is winning. It has reportedly sold nearly twice as many devices as Apple and its profits soared.
Nokia has published its financial report for Q1 2013. Despite selling 5.6m Lumias, the company suffered a small loss but its overall health is a lot better than it was last year.
Google is coming under fire today for a recent relevation that it saved about $2 billion in worldwide income taxes by shifting nearly $10 billion of its revenues to a shell company in Bermuda.
Microsoft Corp has announced quarterly revenue of $18.06 billion for the quarter ending June 30, 2012 and operating income and loss per share for the quarter were $192 million and $0.06 per share.
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