Xbox shortage dings Microsoft sales
C|Net | at | by Mike
Microsoft on Thursday reported second-quarter earnings in line with Wall Street estimates, but revenue came in slightly less than expected amid component shortages for the Xbox 360.
The software maker said it earned $3.65 billion, or 34 cents per share, on revenue of $11.83 billion, for the three months ended Dec. 31. Earnings were boosted by a tax benefit that amounted to about a penny per share. That compares with earnings of $3.46 billion, or 32 cents per share, on revenue of $10.82 billion for the same quarter a year ago.