Microsoft Profit, Sales Rise
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Microsoft Corp. MSFT.O on Thursday  posted higher quarterly earnings as revenue rose 12 percent,  but its shares fell after the world's largest software maker  said current quarter sales would fall below Wall Street  expectations.
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Microsoft  is expected to  report a sharp rise in quarterly profit this week, boosted by  surging revenue as strong computer sales drive demand for its  Windows operating system and Office software.
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Microsoft  signaled confidence to a rattled stock market by raising its full-year earnings outlook above Wall Street targets and reporting a 79 percent rise in quarterly profit on Thursday.
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Buoyed by continued strong worldwide sales of personal computers, the Microsoft Corporation yesterday reported strong growth in profits and sales even as it faces the challenges of being a mature technology company.
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MICROSOFT said first revenues were up by 12 per cent as the software company benefited from stronger-than-expected computer and server shipments.
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Microsoft Corp., the world&#39;s largest software maker, said first-quarter profit rose 11 percent as sales of Windows corporate network software increased.
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Microsoft  reported a rise in quarterly profit on Thursday, boosted by strong sales of its Windows operating system, and the company raised its full-year profit outlook, sending its shares up 4 percent.
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Microsoft Corp.&#39;s quarterly earnings rose 11 percent over the comparable quarter last year, but projections for the current quarter were mixed.
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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 game consoles.
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Microsoft said its fiscal second-quarter profit topped analystsâ expectations and climbed 79 percent, buoyed by rising sales of Windows-based personal computers.
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Demand for the Vista Windows system and other products helps Microsoft to quarterly profits of $3.03bn, up 11% on last year.
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Microsoft, the world's largest maker of computer software, reports a doubling of quarterly profits.
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Stocks rallied on Friday after a higher profit forecast by Microsoft Corp.  lifted all three major indexes and an upbeat outlook by lender Countrywide Financial Corp.  stemmed fears of financial-sector losses.
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Microsoft Corp  signaled confidence to a rattled stock market by raising its full-year profit outlook above Wall Street targets and reporting a 79 percent rise in quarterly profit on Thursday.
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(MENAFN) The world&#39;s biggest software company, Microsoft Corp, said that its first quarter profits grew to $2.9 billion as consumers and businesses boosted demand for new computers, AFP reported.
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Microsoft Corp. MSFT.O, 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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Amid strong PC demand from consumers and businesses, Microsoft reported on Thursday quarterly revenue and earnings that topped the company&#39;s earlier expectations.