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Architecture & Engineering


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July 20, 2007

Microsoft profit up in spite of Xbox charge

By JESSICA MINTZ
AP Business Writer

SEATTLE — Microsoft Corp.'s fiscal fourth-quarter profit edged up 7 percent despite a hefty charge to cover the cost of defective Xbox 360 video game consoles.

The world's largest software maker said Thursday its earnings for the three months ended June 30 climbed to $3.04 billion, or 31 cents per share, from $2.83 billion, or 28 cents per share, during the same period last year.


 
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