Microsoft Profit Up 11%; Forecast Is Mixed
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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 sees strong quarterly profits, following demand for its Halo 3 video game and computers using Windows.
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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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Demand for personal computers loaded with its Windows operating system and strong sales of its Halo 3 video game helped lift Microsoftâs quarterly profit to $4.29 billion.
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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 Corp.  on Thursday  lifted its full-year earnings outlook on strong demand for its  new Windows operating system and announced plans to buy back as  much as $40 billion of its stock, boosting its share price by 5  percent.
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BREAKING NEWS - In early numbers from Microsoft prior to its quarterly financial results call to analysts this afternoon, the company reported revenue gains of 27% annually to $13.76 billion, and net income nicely higher by 23% annually to $4.29 billion, in what the company is calling its fastest first quarter of growth since 1999.
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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.  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.
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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 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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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 Corp. is expected to report a sharp rise in quarterly profit Thursday, boosted by surging revenue as strong computer sales drive demand for its Windows operating system and Office software.
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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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Demand for the Vista Windows system and other products helps Microsoft to profits of $3.03bn, up 11% on last year.
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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 said yesterday that its fiscal first-quarter profit rose 23 percent on brisk sales of the new Halo 3 video game, Windows and Office.