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gopbuster Donating Member (715 posts) Send PM | Profile | Ignore Thu Oct-23-08 05:29 PM
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Microsoft posts quarterly profit, sales gains
Source: Marketwatch


Microsoft posts quarterly profit, sales gains
By John Letzing
Last update: 4:15 p.m. EDT Oct. 23, 2008
Comments: 15
SAN FRANCISCO (MarketWatch) - Microsoft Corp. on Thursday posted a slight fiscal first-quarter profit gain and sales growth that topped Wall Street analysts' estimates. The Redmond, Wash.-based software giant (MSFT:
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MSFT 22.32, +0.86, +4.0%) said net income for the quarter ended in September rose to $4.37 billion, or 48 cents a share, from $4.29 billion, or 46 cents a share in the same period a year earlier. Revenue rose 9% to $15.06 billion. Analysts on average had estimated Microsoft would post earnings of 47 cents a share for the quarter, and $14.8 billion in revenue, according to FactSet Research

Read more: http://www.marketwatch.com/news/story/microsoft-posts-quarterly-profit-sales/story.aspx?guid=%7B0B414E2D-6F9F-4776-BEC2-A48612666B9E%7D&dist=msr_9
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