Microsoft Profit Down 22% as Windows Sales Fall

Microsoft's quarterly earnings fell 22% as the software giant saw revenue in its Windows division fall ahead of the release of its new Windows 8 operating system.

Microsoft Corp.'s quarterly earnings dropped 22% amid weak demand for personal computers and slowing growth for its once-strong business software, underscoring the stakes for the company to successfully launch its dramatically overhauled Windows operating system next week.

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