Microsoft’s fourth-quarter net income dropped 11 per cent as 70-247 revenue in most categories continued to decline, and its outlook for the year testonside disappointed investors.Shares fell 2 per cent in aftermarket trading.
The technology and consulting company has struggled with declining revenue over the last three years, as business customers have moved testonside away 70-247 from buying big Microsoft mainframe computers and traditional software that’s installed on their own systems. Revenue fell 12 per cent in the latest quarter.
IBM has been spending heavily to develop new products, such as data analytics and artificial intelligence programs and “cloud” software testonside that IBM delivers 70-247 to customers over the Internet. But those new businesses have not grown Microsoft as fast as the company hoped, while revenue has continued to fall in IBM’s traditional software, hardware and technology services businesses.
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