Microsoft Showcases Momentum in Devices and Services at Annual Shareholder Meeting
REDMOND, Wash. — Nov. 28, 2012 — Speaking to shareholders at Microsoft Corp.’s annual meeting today, Chief Executive Officer Steve Ballmer highlighted the company’s recent product launches and financial performance, and outlined the company’s shift to devices and services.
“In 2012, our revenue grew to a record $73.7 billion,” Ballmer said. “We also maintained strong cost discipline resulting in cash flow from operations of $31.6 billion, an increase of 17 percent from the prior year. In addition, we returned more than $10 billion to shareholders through stock buybacks and…
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