Microsoft silent on profit rumour

Microsoft today declined to comment on mounting speculation by traders that the world's largest software company was set to issue…

Microsoft today declined to comment on mounting speculation by traders that the world's largest software company was set to issue a profit warning.

"We never comment on rumors or speculation and we certainly don't comment on this kind of trader speculation", Mr Mark Murray, a Microsoft spokesman in the US, told reporters.

Shares of Microsoft traded at $67 on Instinet, down from yesterday’s close of $68.90.