Microsoft Q1 profit reaches $2.9 billion
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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. said its fiscal first-quarter earnings rose 11 percent, beating analysts&#39; expectations, as the company benefited from stronger-than-expected computer and server shipments.
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Microsoft Corp.  eked out a gain in quarterly net profit despite a $1 billion charge to pay for repairs to its Xbox 360 game consoles, and the company slightly raised full-year earnings and revenue forecasts.
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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 game consoles.
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The Redmond, Wash.-based company said it earned $2.9 billion, or 27 cents per share, on revenue of $9.19 billion for the three months ended Sept.
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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 Corp.  said on  Thursday it eked out a gain in net profit despite taking a $1  billion charge to pay for repairs to its Xbox 360 game  consoles.
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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 reported Thursday that first-quarter net income rose 11% and revenue 12%, due to strong server-software demand and steady sales of PCs that run its products.
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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.
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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. (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 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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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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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 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.
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SEATTLE - Microsoft said Thursday it eked out a gain in net profit despite taking a $1 billion charge to pay for repairs to its Xbox 360 game consoles.