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For the first time since it went public 23 years ago:

Microsoft, the world’s largest software company, on Thursday reported net income of $3.0 billion, or 33 cents a share, for its third quarter, ended March 31 — a 32 percent drop in profits from the $4.4 billion, or 47 cents a share, reported in the same period last year.

The company’s revenue fell 6 percent to $13.7 billion from $14.5 billion.

Posted by edelfenbein at April 23, 2009 5:13 PM