Microsoft Q4 profit up slightly despite Xbox charge
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InfoWorld - Microsoft managed to earn a slight profit for its fiscal 2008 fourth quarter despite a billion-dollar-plus charge related to expenses the company incurred to fix faulty Xbox360 consoles.
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Microsoft Corp. MSFT.Oon 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  lifted its full-year estimates on Thursday after posting a 23 percent rise in quarterly profit, helped by strong demand for "Halo 3" and computers running its operating system, sending its shares up 12 percent.
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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  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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Microsoft posted a record $16.4 billion in revenue during the company's second business quarter, shattering its previous record by $2 billion. The software giant also blew away Wall Street expectations by recording a 92 percent rise in quarterly earnings in comparison with the year-earlier period.
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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.
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Microsoft Corp.'s quarterly earnings rose 11 percent over the comparable quarter last year, with strongest growth in sales of server software.
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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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Microsoft said Thursday that its fiscal second-quarter earnings rose sharply, beating Wall Street estimates, amid strong demand for the company's server products and heavy holiday sales of its Halo 2 video game.
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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 lifted its full-year estimates on Thursday after posting a 23 percent rise in quarterly profit on strong demand for both computers running its operating system and "Halo 3," sending its shares up 12 percent.
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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.
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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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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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The company earned $1.07 billion in the fourth quarter, helped by steady but moderate growth in its core operations.
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Microsoft Corp.  on Thursday  posted a 23.5 percent drop in quarterly net profit, but raised  its outlook for the current fiscal year as orders for upcoming  products exceed expectations, lifting its shares by 6 percent.