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Microsoft Earnings Fell Last Quarter Amid Economic Concerns

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Microsoft recorded its slowest sales growth in more than six years and profit fell as demand for its software and cloud services cooled

Software giant’s revenue growth slowed to a more than six-year low as demand for cloud services cooledJacob Kepler for The Wall Street JournalMicrosoft Corp.

recorded its slowest sales growth in more than six years last quarter as demand for itsThe Redmond, Wash., company’s revenue expanded 2% in the three months through Dec. 31 from a year earlier to $52.7 billion. Its net income fell 12% to $16.4 billion.

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