Microsoft, amid layoffs, says quarterly profit declined 12%

Microsoft, amid layoffs, says quarterly profit declined 12%

a year ago
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https://apnews.com/16f40e92ea291dc5d883985ad78ad55a

REDMOND, Washington (AP) — Microsoft on Tuesday reported a 12% drop in profit for the October-December quarter, reflecting the economic uncertainty it said led to its decision to cut 10,000 workers.

The company reported quarterly profit of $16.43 billion, or $2.20 per share.