Nominations Open for Channel Insider 2009 Bull’s Eye Awards
Nominations are now open for the Channel Insider 2009 Bull’s Eye Awards, which recognize excellence in customer service, technology prowess, business acumen, channel leadership, communications and community building, and innovation among vendors, solution providers, distributors and channel services companies.
The company, which released its new Windows 7 operating system this week, reported fiscal first-quarter profit of $3.57 billion, or 40 cents per share, compared with $4.37 billion, or 48 cents per share, in the year-ago quarter.
(Reuters) - Microsoft Corp's quarterly profit fell a smaller-than-expected 18 percent on Friday, as the world's largest software company held up better than feared, sending its shares up 8 percent.
The company, which released its new Windows 7 operating system this week, reported fiscal first-quarter profit of $3.57 billion, or 40 cents per share, compared with $4.37 billion, or 48 cents per share, in the year-ago quarter.
Resource Library:
Wall Street expected profit of 32 cents per share, on average, according to Thomson Reuters I/B/E/S.
Sales fell 14 percent to $12.92 billion, partly reduced by a deferral of $1.47 billion in revenue to future quarters related to Microsoft offering a free upgrade to Windows 7 for recent buyers of the predecessor Vista system. That beat analysts' average forecast of $12.31 billion.
Microsoft shares rose 8 percent in pre-market trading to $28.68.
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