Microsoft Falls Further After Commercial Division Miss

MarketWatch Pulse

Shares of Microsoft Corp. dropped further Monday as the software giant's financial backbone -- its commercial licensing division, which sells software to corporations -- slightly missed Wall Street expectations. Sales at Microsoft's commercial licensing division reached $10.68 billion in the fiscal second quarter, compared with expectations of $10.94 billion, according to analysts polled by FactSet. Shares of Microsoft recently dropped 3% in after-hours trading. The company reported results in line with analyst expectations earlier Monday.

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