Microsoft Profit, Revenue Rise
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Microsoft Corp. (MSFT.O: Quote, Profile, Research) on Thursday said its quarterly profit climbed as revenue rose 12 percent, but its shares fell as investors failed to account for the effect
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The open-source software provider said that its third quarter profit rose as a surge in subscriptions helped offset increased spending on marketing and research.
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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.
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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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Microsoft, the world's largest maker of computer software,  reports an 11% rise in  quarterly profit but says sales may disappoint in the current period.
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YESTERDAY Close $31.51 Change +$0.59 52-WEEK High $31.84 Low $22.72 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 reported its profits surged 81 percent on record-high revenues of 16.37 billion dollars in the last three months of 2007 due to intense demand for computer software.
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Microsoft said Thursday that its fiscal first-quarter earnings rose 11%, beating analysts' expectations, as the company benefited from stronger-than-expected computer and server shipments.
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Oracle Corp  said on Wednesday  that quarterly profit rose 35 percent as new software sales  soared, beating expectations at a time when investors are  nervous that IT spending is slowing, and its shares climbed 4  percent.
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Microsoft'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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REDMOND, Washington, Oct 21  - The world&#39;s biggest software company, Microsoft Corp, said Thursday 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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TechWeb - The combined revenue of Microsoft's client, business, and server and tools divisions grew by more than 20%, the company said.
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Microsoft Corp.  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 Corp. said Thursday its fiscal second-quarter profit topped analysts' expectations and climbed 79 percent, buoyed by rising sales of Windows-based personal computers.
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Microsoft sees quarterly profits, rise 23% following demand for its Halo 3 video game and Windows operating system.
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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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Microsoft said yesterday that its fiscal first-quarter profit rose 23 percent on brisk sales of the new Halo 3 video game, Windows and Office.