Microsoft Corporation (NASDAQ:MSFT), world’s biggest software producer, reported on Wednesday that app downloads from its online Windows Phone Marketplace might not work until it fixes a problem that directed errors for customers who tried to install new apps current week.
Microsoft official reported that a problem with the site’s security software was to blame. Microsoft program director Mazhar Mohammed reported in a blog post that they have run into an issue with the digital certificates used to sign apps, and this was preventing some phones from installing some apps published during the previous couple of days.
Mazhar Mohammed did not say especially what went wrong with the certificate system. Digital certificates permits senders and receivers of electronic messages and content to verify their identities, also with other things.
Shifting readers focus to broader market, let’s consider market performance of other stocks that significantly affect same sector. Adobe Systems Incorporated (NASDAQ:ADBE) rose +2.51% to settle at $32.91, International Business Machines Corp. (NYSE:IBM) moved up +0.06% to end at $198.40 while Oracle Corporation (NASDAQ:ORCL) jumped +0.64% to finish on Friday at $31.55.
Microsoft Corporation (NASDAQ:MSFT) last session volume of 24.35 million shares was lower than its average volume of 37.18 million shares. The stock after opening at $30.11 hit high price of $30.28 and then closed at $30.20 by scoring +0.23%.
MSFT generated revenue of 72.72 billion in the following twelve months and earned $16.98 billion. The Company showed a positive +23.03% in the net profit margin and as well as in its operating margin which remained +29.52%. Company’s annual sales growth for the past five year was 7.60%.
The MSFT past twelve months price to sales ratio was 3.43 and price to cash ratio remained 4.02. As far as the returns are concern, the MSFT return on equity was recorded as 27.51% and increased 20.15% return on investment while its return on asset stayed at 14.77%.
The stock showed weekly downbeat performance of -0.43% which was maintained for the month at +1.82%. Likewise the negative performance for the quarter was recorded as +1.00% and for the year was +21.63% while the YTD performance remained at +17.88%.
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