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Jasmin Stopford

Jasmin has a degree in Journalism from Falmouth University. She is a keen golfer and has contributed heavily to the website, Facebook and Twitter pages of Truro Golf Lounge.

Microsoft profits fall due to slump in computer sales

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With racing advances in technology, the personal computing market has continued to weaken and as a result, Microsoft’s quarterly profit has fallen short of its estimate.

Analysts had anticipated that the software giant would return a revenue of $22.09bn but in reality, its revenue actually fell to $20.53bn from $21.73bn the year before. To compensate, it is expected that Microsoft will have to rely on its cloud business to make up for the shortfall of takings.

Dan Morgan, of investment company Synovus Trust, that holds shares in Microsoft says, “We’re trying to validate this story that Microsoft is truly becoming a cloud company, and they’re not going to be relying on the desktop computer”.

However, although profits in .....

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