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$ROK's sales in the Europe, Middle East and Africa (EMEA) for 1Q16 declined by 7.6% from last year, due to the unfavorable impact of currency translation. Asia Pacific sales decreased by 16.5% due to declines in most countries across the region, including China, as well as the unfavorable impact of currency translation.
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.