Microsoft was unable to achieve its quarterly revenue estimates, affected by a stronger dollar, slowing PC sales and lower advertising spending.


According to Arabionet, the Washington-based company's stock fell by about 1% in early trading on Tuesday, and the stock has lost about 25% this year.


Microsoft is also facing pressure from the strong dollar, as it gets about half of its revenue from outside the United States, which led the company to cut its profit and revenue forecast for the fourth quarter in June.


The dollar index rose more than 2% in the quarter ending in June, and about 12% this year, compared to a decline of 1% in the same period last year.


Microsoft said ad revenue fell from LinkedIn, searches and news.


Revenue from the personal computing segment was $14.4 billion, compared to estimates of $14.68 billion.