Microsoft Profits Doubles

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Microsoft, the world's largest maker of computer software, has reported a doubling of quarterly profits.
It said that earnings were boosted by demand for personal computers that run its Windows operating system and its Xbox video game console.

Microsoft also cut costs stemming from its stock-related salary scheme.

Net profit was $3.46bn (£1.8bn) in the three months to 31 December, compared with $1.55bn from a year earlier. Sales were $10.82bn.

Microsoft's shares rose 1.7% during after hours electronic trading in New York after the company raised its outlook for the current fiscal year.


source/full story: news.bbc.co.uk/1/hi/business/4214273.stm
 
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Lacyjee

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