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May 10, 2011

Microsoft to buy Skype for pricey $8.5 bln

NEW YORK (Reuters) – Microsoft Corp (MSFT.O: Quote, Profile, Research, Stock Buzz) plans to buy Internet phone service Skype for $8.5 billion in its biggest-ever acquisition, placing a rich bet on mobile and the Internet to try to best rivals such as Google Inc (GOOG.O: Quote, Profile, Research, Stock Buzz).

In a deal that took about a month from offer to signing, the software company outbid Google and Facebook, which sources said offered to partner or buy Skype for $3 billion to $4 billion. They planned to use the provider of Internet telephone services to keep users glued to their online communities.

May 10, 2011

Microsoft inks $8.5 billion Skype buy in Web shift

NEW YORK (Reuters) – Microsoft Corp plans to buy Internet phone service Skype for $8.5 billion, a rich price as it seeks to regain ground on growing rivals such as Google Inc.

Microsoft’s interest in the money-losing but popular service highlights a need to gain new customers for its Windows and Office software. Skype has 145 million users on average each month and has gained favor among small business users.

Apr 29, 2011

Microsoft Windows sales slip, shares drift lower

SEATTLE (Reuters) – Microsoft Corp reported a dip in quarterly sales of its core Windows operating system, mirroring a recent downturn in personal computers and sending its shares down slightly.

The world’s largest software company met Wall Street profit estimates after strong sales of its Office suite of applications and Xbox game systems took up the slack.

Apr 28, 2011

Microsoft Windows sales slip, shares down

SEATTLE, April 28 (Reuters) – Microsoft Corp (MSFT.O: Quote, Profile, Research, Stock Buzz)
reported a dip in quarterly sales of its core Windows operating
system, mirroring a recent downturn in personal computers and
sending its shares down slightly.

The world’s largest software company met Wall Street profit
estimates, as strong sales of its Office suite of applications
and game systems took up the slack.

Apr 28, 2011

Microsoft profit expected to rise, stock may not

SEATTLE, April 28 (Reuters) – Microsoft Corp is
expected to report an 18 percent jump in quarterly profit on
Thursday, as its reliable Windows and Office franchises keep
growing.

But that may not be enough to rouse its shares from a
decade-long slumber or ease fears that its dominance of personal
computing is waning.

Apr 26, 2011

Microsoft wrestles slack PC sales and wilting stock

SEATTLE (Reuters) – Microsoft might be about to report its earnings grew more than 20 percent on climbing revenue but the results will fail to rouse the software company’s shares from a decade-long slumber or douse fears its dominance of personal computing is waning.

The second-largest U.S. technology company is expected to post on Thursday yet another solid gain in earnings and sales for its fiscal third quarter, as its stalwart Windows and Office franchises rumble on.

Apr 21, 2011

Weak dollar helps earnings, but little hiring yet

SEATTLE (Reuters) – A rapidly declining dollar is helping U.S. companies sell drugs, chemicals, food and other goods to buyers in other countries, but slow growth at home is holding back expansion and new hiring.

The U.S. dollar has fallen about 16 percent against a range of currencies over the past year .DXY and hit a three-year low on Thursday, weakened by low interest rates and worries about a credit rating downgrade.

Apr 19, 2011

VMware beats forecasts, shares jump

SEATTLE (Reuters) – VMware Inc (VMW.N: Quote, Profile, Research, Stock Buzz) beat Wall Street earnings estimates for the first quarter and indicated its margins would expand this year, as it landed some big new clients using its software for ‘cloud computing’, or online access to data and computing power.

VMware’s stock jumped 11 percent after hours, while others in the sector such as Salesforce.com Inc (CRM.N: Quote, Profile, Research, Stock Buzz) and Citrix Systems Inc (CTXS.O: Quote, Profile, Research, Stock Buzz), also rose.

Apr 19, 2011

Japan supply-chain woes rattle earnings

SEATTLE (Reuters) – Japan’s earthquake and tsunami last month are still rocking a wide range of companies worldwide suffering from shortages of crucial electronics.

Motorcycle builder Harley-Davidson Inc (HOG.N: Quote, Profile, Research, Stock Buzz) dropped the low end of its shipments forecast on Tuesday because of problems getting hold of radio components. Revenue from phone handset maker Sony Ericsson (6758.T: Quote, Profile, Research, Stock Buzz) (ERICb.ST: Quote, Profile, Research, Stock Buzz) missed forecasts because of difficulties with displays, batteries and other parts.

Apr 11, 2011

Microsoft launches new assault on business apps

SEATTLE (Reuters) – Microsoft Corp is making its strongest push yet into the steadily growing business software market in the hope that it can create another multibillion-dollar business.

The world’s biggest software company, which still gets the majority of its sales from its Windows and Office franchises, is hoping it can wrestle market share from heavyweights SAP AG and Oracle Corp, and upstart online vendor Salesforce.com Inc.

    • About Bill

      "Bill Rigby is Reuters' chief correspondent in Seattle, reporting on Microsoft and Boeing and overseeing coverage of general news in Washington state, Oregon and Alaska. He has been a Reuters journalist since 1998, reporting on banks, insurers, stock markets, defense companies and airlines from Reuters bureaux in London, New York and Seattle."
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