Microsoft Corp said on Thursday fiscal second-quarter profit rose 3 percent, as strong sales of its Office software to businesses offset another weak quarter for its flagship Windows system, which is suffering as consumers increasingly favor tablets over personal computers. That easily beat Wall Street's average estimate of 68 cents, according to Thomson Reuters I/B/E/S. Microsoft shares jumped almost 4 percent in afterhours trading. Microsoft did not say anything about its five-month search for a new chief executive to replace the retiring Steve Ballmer, which has taken longer than most investors expected.
Microsoft profit up on strong commercial sales, no word on CEO
Thu, 23 Jan 2014 21:32:24 GMT
No comments:
Post a Comment