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22/04/2016
Microsoft and Alphabet – Two more strikes
Microsoft and Alphabet compound Ericsson’s and Intel’s woes Microsoft Q3 16 Microsoft reported reasonable results as the weakness in the PC market did not hurt the company as much as Intel’s troubles led us to fear. FYQ3 16 revenues/adj-EPS were $22.1bn/$0.62 compared to consensus at $22.1bn/$0.64 and our forecasts at $20.3bn/$0.52.
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