Microsoft Shares Jump With News of Increased Profits
Microsoft continue find ways to keep up with a world that is more mobile than behind the desktop. This is how you learn to adapt and survive. I know it is Microsoft and it is a billion dollar corporation, but it is far cry from company that made their fortune selling just software.
The profits help the stock price rise and this is always good news for shareholders. The video below has more information regarding Microsoft.
Microsoft Corp said its fiscal first-quarter profit rose a greater-than-expected 17 percent, as strong sales of its Office and server software to businesses offset weakness in its flagship Windows system. The world’s largest software company, which is shifting its focus to devices and services, on Thursday posted a profit of $5.2 billion, or 62 cents per share, up from $4.5 billion, or 53 cents per share, in the year-ago quarter. That smashed Wall Street’s average forecast of 54 cents
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