Sales of Windows to computer manufacturers to install on new PCs fell 19% in the quarter.

Microsoft profit and revenue beats expectations

24 Apr Microsoft has reported revenue and profit above Wall Street expectations, as sales of its hardware and cloud-computing services helped to offset a decline in its core Windows business.

A look at some of today's business stories in the newspapers

Today in the press

24 Apr A Larry Goodman company based in Luxembourg made a profit of €52.6 million in 2013 and paid just 0.4% tax, according to accounts in the tiny EU member state.

Coroin owns luxury hotels Claridges, The Berkeley and The Connaught

Barclays sell interest in London hotel group

23 Apr The long-running battle for control of three luxury hotels in London has come closer to an end as financier Derek Quinlan and twin billionaires, David and Frederick Barclay, have sold their shareholdings, debt and the voting rights to a rival hotel group.

Markit's Composite Flash Purchasing Managers' Index fell to 53.5 in April

Euro zone business activity slows in April

23 Apr Euro zone private sector business growth was weaker than forecast this month on slowing new orders in the region, dragged down largely by faltering activity in France.

Permanent TSB expects to raise €400m by selling shares at a range of between €3.90 and €4.50 a share

Permanent TSB prices new share issue

23 Apr Permanent TSB has published details of the expected price at which it will sell shares to the public ahead of its flotation on the main market of the Irish Stock Exchange next month.