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Microsoft Down on Mixed Report

Stock quotes in this article: MSFT , EBAY , YHOO  

Updated from 10:35 a.m. EDT

Microsoft (MSFT Quote) shares fell Friday after it reported fourth-quarter earnings late Thursday that missed estimates by a penny on stronger-than-expected revenue and raised its revenue guidance. As expected, the software giant also lowered guidance for fiscal 2005 earnings to reflect its plan announced earlier this week to pay out some $75 billion of its cash to shareholders.

In recent trading, Microsoft was off 81 cents, or 2.8%, to $28.19 a share. ...

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