CORRECTED - UPDATE 2-Microsoft first-quarter profit, revenue rises
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In SEATTLE story headlined, &quot;UPDATE 2-Microsoft first-quarter profit, revenue rises,&quot; please read in 12th paragraph ... &quot;Barnicle said&quot; ... instead of ... &quot;Barnacle said&quot; ... (Corrects spelling of name). SEATTLE, Oct 21  - Microsoft Corp.
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Microsoft Corp. , the world's largest software maker, on Thursday said its first quarter profit climbed as personal computer sales and business demand fueled higher sales.
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The company reported net income of $509 million in its first fiscal quarter, compared with $440 million in income for the same quarter a year ago.
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REDMOND, United States : The world&#39;s biggest software company, Microsoft Corp, said that its first quarter profits swelled to 2.9 billion dollars as consumers and businesses pumped up demand for new computers.
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Plus: Outstanding earnings for Apple...Xerox profits from color printers...Alltel profit, revenue rise...SanDisk earnings top estimates.
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(Corrects to make clear GEâs operating profit matched analystsâ forecasts in second paragraph)
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Microsoft Corp. MSFT.Oon Thursday  said its quarterly profit climbed as revenue rose 12 percent,  but its shares fell as investors failed to account for the  effect of the expensing of stock-based compensation in  assessing the earnings.
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Microsoft reported today that it had earned a slight profit for its fiscal fourth quarter despite a billion-dollar-plus charge related to fixing Xbox 360 consoles.
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Plus: Apple posts good Q1, despite slow iPod sales...Microsoft expected to post healthy profits...Seagate turns in mixed report...IBM targets well above expectations.
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Microsoft posted its first-quarter 2005 financial results last week, reporting revenue of US$9.19 billion and net income of $2.9 billion.
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Microsoft Corp.'s fiscal fourth-quarter profit edged up 7 percent despite a hefty charge to cover the cost of defective Xbox 360 video game consoles.
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Microsoft Corp  posted a 7  percent gain in net profit as demand for its Office software  and improved results from its online arm more than compensated  for a $1.1 billion charge to repair Xbox video game consoles.
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Microsoft Corp. on Thursday said its quarterly profit climbed as revenue rose 12 percent, driven by demand for the company's core software products from businesses and higher sales of personal computers and servers.
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Microsoft Corp. MSFT.O, the world's  largest software maker, on Thursday reported that its quarterly  profit doubled on stronger demand for personal computers and  video games as well as lower costs.
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Citing continued strength in the PC and server markets, Microsoft on Thursday reported earnings that beat Wall Street expectations and a 12 percent increase in revenue for the first quarter of its 2005 fiscal year.
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Microsoft Corp. has announced revenue of $9.19 billion for the quarter, a 12% increase over revenue of $8.22 billion for the same period in the prior year.
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Microsoft said Thursday its profit for the just-ended quarter rose 11 percent from a year ago to 3.03 billion dollars, boosted by the new Windows Vista operating system and the new Office software suite.