Profit Lags as Microsoft Spends to Meet Competitors - New York Times

Profit Lags as Microsoft Spends to Meet Competitors - New York Times: "In April, when Microsoft announced that its expenses in the coming year would be significantly higher than previously disclosed, the company's stock priced dropped. Yesterday, Microsoft provided more detail on where that additional $2.4 billion would be spent: Xbox product costs; marketing and sales; new product development and research in fields like business intelligence, security, software tools and mobile phone software; and online services like Internet search."