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Microsoft Profits, Internet Gambling Fight

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Microsoft Profits, Internet Gambling Fight

Business

Microsoft Profits, Internet Gambling Fight

Microsoft Profits, Internet Gambling Fight

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Microsoft's quarterly profit of $2.6 billion is down from the same period a year ago. Sales of its X-box video game console helped, but delays in bringing out new office software programs hurt. Meanwhile, Antigua's complaints about a U.S. bid to curb Internet gambling head for a World Trade Organization hearing.

RENEE MONTAGNE, host:

Our business news starts with Microsoft scoring big with videogames. The world's largest software maker posted strong revenues, thanks to sales of its X-box videogame console as well as database software. Microsoft's quarterly profit totaled about $2.6 billion. That's lower than last year.

The company took a hit from delays in bringing out new Office software programs, like Vista, which will be released in stores next Tuesday.

STEVE INSKEEP, host:

And the U.S. can run into trouble with international trade regulators over its attempt to crack down on Internet gambling. The government of Antigua and the U.S. are waiting a ruling from the World Trade Organization on that issue.

MONTAGNE: The economy of the Caribbean island depends on gambling and Antigua argues that U.S. restrictions violate free trade rules. Antigua's has been battling the U.S. for four years over a case involving online horse race betting. The WTO ruled against a U.S. ban on that and is reportedly criticizing the U.S. for not complying.

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