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$K reported a drop in 3Q15 earnings due to lower sales. Net income fell to $205MM or $0.58 per share from $224MM or $0.62 per share last year. Net sales dropped 8.5% to $3.33Bil, due to currency translation effect. Currency-neutral comparable net sales rose by 1% on growth in Latin America, Asia, Canada, and the U.S. Specialty Channels business.
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.