Microsoft profit rises on PC demand
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Microsoft Corp  posted a rise  in quarterly profit on Thursday, boosted by healthy demand for  personal computers loaded with its Windows operating system and  strong sales of its "Halo 3" video game.
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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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SAN FRANCISCO (CBS.MW) -- Microsoft said Thursday that its fiscal first-quarter net income rose 11 percent from a year earlier as client software sales, server revenue and Xbox sales all rose.
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Microsoft reported quarterly sales and profit gains that surpassed Wall Streetâs expectations, and delivered an optimistic outlook.
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Microsoft Corp. (MSFT.O: Quote, Profile, Research) on Thursday posted higher quarterly earnings as revenue rose 12 percent, but its shares fell after the world&#39;s largest
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The world'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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Microsoft reported surprisingly strong quarterly profits and sales growth in its core software products, sending its stock up 12 percent in after-hours trading.
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The companyâs third-quarter profit beat expectations, lifted by an extra week of holiday shopping and sales of video game consoles and GPS devices.
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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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The stock market rebounded, with Microsoft shares rising to their highest level in six years after the companyâs profit exceeded Wall Street expectations.
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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 posted solid growth in quarterly sales and profit on Thursday, buoyed by strong holiday sales of personal computers and video games.
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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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Dell, the world&#39;s largest personal computer maker, posted a higher quarterly profit Thursday, helped by market share gains and lower component costs despite slowing demand for corporate PCs.
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Computer Sciences Corp. , one of the world's largest technology services companies, on Tuesday posted a higher quarterly profit, driven by strong European revenue that got a lift from the weak dollar.
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Stocks rose 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 reported surprising strong quarterly sales and profit growth, well ahead of Wall Streetâs expectations, which sent its stock up 12 percent in after-hours trading.