Mama Knows News: Microsoft beats Street profit view, shares up

Thursday, April 19, 2012

Microsoft beats Street profit view, shares up

(Reuters) - Microsoft Corp beat Wall Street's profit forecast as computer sales held up better than expected, lifting its shares 2.5 percent after hours. The world's largest software maker reported quarterly profit of $5.11 billion, or 60 cents per share, compared with $5.23 billion, or 61 cents per share, in the year-ago quarter when it posted a one-time tax gain. Profit beat analysts' average forecast of 57 cents per share, according to Thomson Reuters I/B/E/S. Sales rose 6 percent to $17.41 billion, driven by strong demand for its server software products and Office application. ...

Microsoft beats Street profit view, shares up
Thu, 19 Apr 2012 20:32:15 GMT

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Thursday, April 19, 2012

Microsoft beats Street profit view, shares up

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