Microsoft Partner - Channel Insider
Empowering the next generation Channel
 

Sponsored Links
  • Get up and running in as quickly as 30 days with BI. Learn how today.
  • FREE Securing Smartphones & Tablets for Dummies Book from Sophos
  • 5 New Technologies That Will Change Enterprise ITAdvertisement
  • Build an IT Infrastructure That Delivers the Future

    		•  

    Microsoft Profits, Sales Fall -- But Beat Expectations

    in Microsoft Partner



    DATE: 2009-10-23 | By Reuters
    Article Rating:starstarstarstarstar / 0
    Article Views: 3107

    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.

    Rate This Article:
    Poor Best
    Add This Article To:

    (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.

    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.




    comments dic


     
     
    >>> More Microsoft Partner Articles          >>> More By Reuters
     



    		 


    Related Content

    Articles Labs/How-To Multimedia

    channel chatter


    HTML PLAIN TEXT

    Keep on top of news for VARs and Resellers with CI's Weekly Newsletter and Alerts.


    [ci] feeds
    XML
    Add Channel News, Product Reviews, Trends and Analysis to your RSS newsreader or My Yahoo!

     

    CHANNEL SPONSORED RESOURCE CENTER
     
     
     
    Start the New Year with business intelligence—it’s a smart move
    Join us on February 1 for an encore rebroadcast at either 5 am or 12 noon EST and discover how business intelligence (BI) supports companies in uncertain business and economic climates. Get expert advice on how to create a strategy that fits your organization's needs and budget and see how quickly it can pay for itself.
    Click Here
     
    Security and Availability Essentials for Running Your Business in the Cloud
    Are you moving to the cloud? Find out what every IT professional should know about security and availability before moving to the cloud. Hear what a security provider’s own CSO has to say.
    Watch Video
    A new algorithm automatically identifies relationships between variables to help reduce researcher prejudice.
    Click HereAdvertisement