Microsoft Profit Falls Below Apple's After IPad Eats Into Windows Revenue - Bloomberg

Microsoft Corp. (MSFT)’s Windows sales
slumped last quarter as the iPad crimped demand for consumer
laptops, marking the first time in 20 years that the software
maker reported a smaller quarterly profit than Apple Inc. (AAPL)

Revenue in Microsoft’s Windows division fell 4.4 percent to
$4.45 billion, the Redmond, Washington-based company said
yesterday in a statement. That missed the $4.6 billion average
prediction of analysts surveyed by Bloomberg. Net income was
$5.23 billion, eclipsed by the $5.99 billion reported by Apple
last quarter.