HardOCP News
[H] News
- Joined
- Dec 31, 1969
- Messages
- 0
Microsoft issued a press release today stating that the company has posted record profits, a 32% increase over the same period last year, easily beating Wall Street expectations.
Microsoft said Thursday that it earned $4.93 billion, or 50 cents per share, on revenue of $14.40 billion for the three months ended March 31. That compares to net income of $2.98 billion, or 29 cents per share, on revenue of $10.9 billion for the same quarter a year earlier.