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.


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.


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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