Microsoft on Tuesday reported a 12% drop in profit for the last quarter, reflecting the growing economic uncertainty that led to its decision to last week.The company reported earnings of $16.43 billion for the quarter that ended in December, while revenue rose 2% to $52.7 billion, marking Microsoft's slowest sales growth in six years.Microsoft last week blamed deteriorating economic conditions and 'changing customer priorities' for its decision to cut nearly 5 percent of its global workforce.
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