Microsoft Cuts Its Earnings, Income Forecasts

Microsoft minimize gross sales and earnings steering for the present quarter, citing the affect of international change charges because the stronger U.S. greenback takes a toll.

The software program big mentioned in a securities submitting Thursday that it now expects fiscal fourth-quarter gross sales of between $51.94 billion and $52.74 billion, down from its prior steering of $52.four billion to $53.2 billion. The quarter ends June 30.

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