Microsoft felt the effects of the global recession, including declines in the PC and server markets, as its earnings declined 17 percent from the same quarter in 2008. Although Microsoft came in below Wall Street Estimates with $13.10 billion in quarterly revenue, it can look forward to a possible earnings bump later in 2009 with the release of Windows 7 and Windows Server 2008.
–
Microsoft took a hit to it earnings during its fourth financial quarter of 2009,
reporting a 17 percent decline in year-over-year revenue. Overall, Microsoft earned $13.10 billion for the quarter,
coming in more than $1 billion below Wall Street estimates.

Although Microsoft hit several tech…