Microsoft revenue up 12% in quarter
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A Microsoft Corp. division that competes head-to-head with the open-source Linux operating system posted sharply improved financial results, helping to fuel a strong quarter for the Redmond software company.
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Strong sales of new and old products alike led Microsoft to its fastest first-quarter growth in seven years with the company reporting growth in all five business segments and both revenue and EPS (earnings per share) that beat analyst expectations.
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Second-quarter earnings at International Business Machines Corp. rose 12 percent and beat Wall Street forecasts Wednesday, largely on the strength of IBM's software division and improvement in its services unit.
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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 Corp. on Thursday said its first quarter profit climbed as personal computer sales and business demand fueled higher sales.
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Microsoft today reported first quarter 2005 revenue of $9.19 billion and net income of $2.9 billion, figures that exceeded the company's guidance from July.
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Personal income, boosted by a large dividend payment from computer software giant Microsoft Corp., shot up by a record 3.7 percent in December.
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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  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. MSFT.O, 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 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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Adobe Systems Inc.'s income rose 62 percent in its latest quarter on stronger-than-anticipated revenue growth.
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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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Amid strong quarterly earnings, Microsoft said it is seeing signs of strength in enterprise spending, particularly in software.
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Microsoft Corp. (MSFT.O: Quote, Profile, Research) on Thursday posted higher quarterly earnings as revenue rose 12 percent, but its shares fell after the world&#39;s largest
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The drugmaker's Q2 boasts 12% earnings growth.
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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.