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Microsoft CFO Expresses Concerns over Uncertain Developed Markets

CFOs concerned with market uncertainty

Microsoft Corp. CFO Peter Klein recently told The Wall Street Journal that the uncertainty about the euro-zone debt crisis and other economic trends around the world has made it difficult to fully capitalize on some of its products.

Despite the fact that the company delivered double-digit revenue growth for its fourth fiscal quarter of 2011, Klein said that another factor contributing to the company's inability to exert its force in its PC business in markets such as China and Latin America is the increasingly high rate of software piracy, according to the Journal.

Because of these factors, sales of Microsoft's Windows operating system declined 1 percent in the company's most recent fiscal quarter, which concluded June 30.

Still, Klein explained that the company's new products will continue generating revenues.

"Business growth will outpace consumer growth," Klein told the publication. "That's a great sustaining thing for us."

One of Microsoft's newest products, a limited edition Star Wars XBox, 360, was recently unveiled to the public at the Comic-Con expo in San Diego, according to published reports.
 

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