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Showing posts with label Microsoft has increased the income for the U.S. giant to reach 17.37 billion dollars during the preceding quarterly period. Show all posts
Showing posts with label Microsoft has increased the income for the U.S. giant to reach 17.37 billion dollars during the preceding quarterly period. Show all posts

10/22/2011

Microsoft profit up 6%





















Microsoft had revenues of 17.37 billion dollars the previous quarter (French - Archive)

Microsoft has increased the income for the U.S. giant to reach 17.37 billion dollars during the preceding quarterly period, the software giant saw a strong growth sector in addition toits own server and tools sector.

The company is based in the city of Seattle-based company, said that sales rose by 7% during the period from the first of July until the end of September / September, comparedto the same period last year.

The company's net profit rose by 6% to 5.74 billion dollars in profit by 68 cents per share, up from 5.41 billion dollars or 62 cents a share, a year ago.


Said Chief Financial Officer Peter Klein mentioned that during the period the company experienced a request from the customer on the various products resulting in record revenues for the previous quarter, with strong growth to profitability.


The profit in line with Wall Street expectations, and support the performance of the company's sales force applications (MS Office), although they have made only slight gainsfrom the main driver of it (and Windows).

Microsoft shares closed Thursday at a price of $ 27.04 on Nasdaq.


Source: Agencies

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