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PC Discussion Thread About, Microsoft fiscal 1Q earnings match analyst views |
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10-20-2011, 02:27 PM
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Microsoft fiscal 1Q earnings match analyst views
Microsoft fiscal 1Q earnings match analyst views
The Associated Press 05:27:39PM (DST) Thursday,October 20,2011. REDMOND, Washington (AP) — Microsoft's earnings for the latest quarter edged up 6 percent to match analyst estimates. The results for the July-September period were highlighted by revived growth in the division that includes software maker's Windows franchise. It's the first time that Microsoft has posted a year-over-year gain in Windows revenue since the end of 2010. Microsoft Corp. earned $5.7 billion, or 68 cents per share, for its fiscal first quarter. That compared with net income of $5.4 billion, or 62 cents per share, at the same time last year. The earnings matched the average estimate among analyst surveyed by FactSet. Revenue increased 7 percent from last year to $17.3 billion — about $130 million above analyst forecasts. ------------------------------------------------------------ Microsoft money works.
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