Microsoft shares slashed 9.8% to $31.97 in early trading. The closing price was $35.44 the previous day.
The company quotes collapsed after the report on fourth quarter of 2012-2013 financial year (ended June 30) was published.
The computing giant earned almost $5 billion, whereas last year the company showed a loss of $492 million.
The Financial Times believes that the quotes fell as investors took fright from low computers sales. Besides, the corporation incurred a charge of about $900 million due to the sluggish sales of Surface tablet computers.
One of the Microsoft’s major failures in the fiscal year of 2012-2013 was Windows 8 introduced in October, 2012. It gained 3.8% of the market share, whereas Windows 7 earned 12% for the same period. Microsoft presented its Windows Blue in May, the major update for the 8th operating system. According to the mass media, this addition will get back the Start button.