Microsoft posts a big quarter, tops Apple, profits jump 50%

FSOwner

FS Owner
Strong sales of Windows 7 and the improving economy helped Microsoft finish its fiscal year with a big quarter -- defying, for now, the widespread predictions that its longtime nemesis Apple would surpass it in revenue.

The Redmond company's revenues were up 22 percent, to more than $16 billion. Its earnings of 51 cents per share represented a 50 percent increase over the same quarter last year and beat, by 5 cents, the estimate of analysts polled in advance by Thomson Reuters...

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View Full Article: Todd Bishop's Microsoft Blog
 
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