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Microsoft Reports Quarterly Year-to-Year Revenue Drop For First Time In 30 Years

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Microsoft

In its three decades of existence, Microsoft had never before seen a year-over-year quarterly drop, so if you needed a sign of just how bad this recession is, this is it!

Here are the official numbers:

…revenue of $13.65 billion for the third quarter ended March 31, 2009, a 6% decline from the same period of the prior year. Operating income, net income and diluted earnings per share for the quarter were $4.44 billion, $2.98 billion and $0.33 per share, which represented an increase of 3% and declines of 32% and 30%, respectively, when compared with the prior year period. Perhaps even more significant is the

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