Proving naysayers incorrect once again, Microsoft posted a banner fiscal 2011 year in revenue, as sales of Microsoft Office, server software and Xbox continued to drive growth, even as sales of Windows leveled off, according to the company. For the fiscal year ending June 30, Microsoft generated $69.94 billion in revenue, an all-time high [...]
US stocks extended losses into a third straight session Tuesday, after disappointing housing data and a lowered forecast from Hewlett-Packard Co. signaled the economy still faced a tough path to full recovery. The Dow Jones Industrial Average DJIA -0.95% traded down 130.93 points at 12,417.44. Hewlett-Packard HPQ – Hewlett-Packard reported Tuesday that sluggish sales [...]
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