Microsoft is expected to report earnings in line with estimates on Thursday. Although the PC market is in bad shape, Microsoft's performance this year has been solid. Analysts are looking for earnings of $0.63 cents a share on $20.39 billion in revenues, which would be down from last year's revenues of $20.49 billion. PC sales are expected to decline at a slower rate this year, giving Microsoft a boost, while the end of support for Windows XP should lead to better license sales.

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