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$K 2Q15 Call: Year-to-date operating cash flow after capital expenditure was $323MM. Cash flow in the second quarter was $311MM, which represented an improvement of more than $50MM from the second quarter of last year. We saw good performance in our core working capital.
No better outlook on $MSFT. Even if the results beat a bit, the stock may move 4 to 6% higher, but won't go above $60.