Software maker Microsoft Corp's Windows division suffered a significant setback as its revenue during the last quarter of 2011 underwent a 6 percent decline.
The primary reasons behind this rather disappointing performance by the Windows division have been attributed to; stiff competition coming from new-generation products such as tablet computers and smartphones, as well as the devastating floods in Thailand that affected many of its suppliers' facilities.
According to the software giant, the revenue earned by the Windows division fell to $4.7 billion during the last three months of 2011 - a 6 percent decline from where the figure stood a year ago during the same quarter.
Microsoft's net revenue for the quarter stood at $20.89 billion, meaning a 5 percent jump from this time a year back. Profits, in the mean time, were noted to be 78 percent per share, well above the expected 76 cents forecasts.
"We delivered solid financial results, even as we prepare for a launch year that will accelerate many of our key products and services," Steve Ballmer, chief executive officer at Microsoft stated, The Guardian reports.