Microsoft says no new cost cuts, shares hit 11-year low (Reuters)

Microsoft Corp. researcher David Kirk, of Microsoft's Cambridge, England Research Lab, demonstrates Microsoft's 'Family Archive' conceptual technology at TechFest 2009, Microsoft's annual showcase of research and future technology projects, Tuesday, Feb. 24, 2009 in Redmond, Wash.  Family Archive utilizes surface and touch sensors to allow users to sort photographs and other mementos into virtual cardboard boxes, as well as uses an overhead camera to record images of physical items such as a pair of baby shoes or a child's piece of artwork.  (AP Photo/Ted S. Warren)Reuters – Microsoft Corp outlined plans to offset revenue declines as the PC market shifts to low-cost netbooks, but it failed to announce more cost cuts, sending its shares to an 11-year low.

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