UPDATE 1-RealNetworks profit falls

(Reuters) - Second-quarter net income was $1.3 million, or 1 cent per
diluted share, compared with $38.9 million, or 22 cents per
diluted share, in the year-ago period.




In the year-ago quarter, the company benefited from the
proceeds of a $57.9 million settlement of litigation against
Microsoft and commercial agreements with the world's largest
software maker.


Read more at Reuters.com Market News

Web business strategy focus of Microsoft meeting

(Reuters) - Microsoft's top executives plan to update investors about every facet of the $50 billion software maker's business, from its bread-and-butter Windows and Office franchises to its Xbox game console unit, at its annual analyst meeting on Thursday.




But the company's smallest business division -- online services -- may garner the most attention, because it poses both the greatest opportunity for growth and the biggest risk of failure.


Read more at Reuters.com Market News

Microsoft Q4 profit rises despite Xbox charge

(Reuters) - The company had warned earlier this month that it would
incur a charge of up to $1.15 billion in the quarter ended in
June to fix an "unacceptable" number of Xbox 360 repairs and
offer a new extended warranty to customers.




Shares of Microsoft have risen 6 percent in the year to
date, compared to a 10 percent gain in the S&P 500 during the
period.


Read more at Reuters.com Business News

ING's Garcia Seeks `Unpopular' Stocks for Biggest Philippine Equity Fund

(Bloomberg) -- Paul Joseph Garcia runs the largest
equity fund in the Philippines, where the market is so small that
the value of stocks bought and sold in a day, $83 million, is
only 5 percent that of Microsoft Corp.'s turnover.

He has to be careful his trades don't influence share
prices, since big orders have a disproportionate effect in a
thinly traded market, Garcia said. His 6.7 billion-peso ($146
million) Philippine Equity Fund is twice as large as the
country's No. 2 fund. It also can be hard to find buyers or
sellers for large purchases.


Read more at Bloomberg Stocks News

UPDATE 1-Savvis cuts '07 revenue view; prepays $342.5 mln debt

(Reuters) - Microsoft has been the sole customer in the data centers
under a colocation contract due to expire at the end of 2010.
This contract generated about $16.5 million of revenue for the
first half of 2007, the telecommunications carrier said.




For 2007, the company now sees total revenue of $805
million to $820 million, down from its prior view of $820
million to $835 million. Analysts on average expect $827.6
million, according to Reuters Estimates.


Read more at Reuters.com Mergers News

Microsoft expects Google complaint over desktop fix

(Reuters) - A spokesman for Microsoft told Reuters that lawyers representing Google had indicated a complaint would be filed shortly before U.S. District Judge Colleen Kollar-Kotelly, the judge overseeing Microsoft's 2002 antitrust consent decree.



) Keywords: GOOGLE MICROSOFT/


Read more at Reuters.com Government Filings News