Software giant Microsoft rings up multibillion dollar profit gain
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REDMOND, United States : The world&#39;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 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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Microsoft said Thursday that it had surpassed $50 billion in annual revenue, while saying quarterly profits were up seven percent on brisk Vista sales.
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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 sees quarterly profits rise 23% following demand for its Halo 3 video game and Windows operating system.
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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 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  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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Microsoft Corp. said its fiscal first-quarter earnings rose 11 percent, beating analysts' expectations, as the software company benefited from stronger-than-expected computer and server shipments.
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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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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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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 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 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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IBM , the world's largest technology services company, on Wednesday posted a higher quarterly profit as revenue rose 9 percent, helped by software-company acquisitions and growth in computer services.
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The world&#39;s biggest software company, Microsoft Corporation, said last night that its first quarter profits swelled to $2.9 billion as consumers and businesses pumped up demand for new computers.
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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.