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$NI's net cash provided by operating activities for 1Q16 fell to $302.9MM from $604.4MM in 1Q15. Net cash used in investing activities was $315.3MM compared to cash provided by activities of $111.2MM last year. Net cash provided by financing activities was $20.6MM compared to cash used in activities of $698.8MM a year ago.
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.