Microsoft Profit Down 22% as Windows Sales Fall

http://online.wsj.com/article/SB10000872396390444868204578064962968071002.html

Microsoft Corp.'s [MSFT -0.32%] fiscal first-quarter earnings fell 22% as the software giant saw revenue in its Windows and Windows Live division fall ahead of the release of its new Windows 8 operating system. 

Microsoft is in the midst of overhauling many of its products, including the flagship Windows operating system, the Office suite, back-end software that powers computer servers, the Internet Explorer Web browser and Windows Phone smartphone software.