Microsoft (NSDQ: MSFT), which continues to struggle to combat the perception that it may be irreversibly falling behind the competition in several areas, can at least say that its current strategy is still paying off financially. The company posted better than expected quarterly results, saying revenue increased 25 percent to $16.2 billion, while earnings per share increased to 62 cents from 40 cents during the same period a year ago. On average, analysts had expected earnings per share of 55 cents and revenue of $15.8 billion.
More to come.
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