Powered by Web AgencyMashable - Microsoft reported a smaller quarterly profit than Apple for the first time in 20 years as the iPad ate into sales of laptop computers. Microsoftâ€™s net income for the quarter was $5.2 billion compared to Apple's $5.99 billion. According to " target="_blank">Bloomberg, thatâ€™s the first time in 20 years that Appleâ€™s quarterly profit eclipsed Microsoftâ€™s. The milestone comes after Apple passed Microsoft in market capitalization last year.
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