Thursday, July 19, 2007

Microsoft profit up on Office, swallows Xbox charge

(Reuters) - Microsoft also slightly raised full-year earnings and revenue forecasts citing demand for new software products like its Windows Server 2008.




The company said on Thursday net profit was $3.04 billion, or 31 cents per diluted share, in its fiscal fourth quarter, up from $2.83 billion, or 28 cents per diluted share, a year earlier. Sales rose 13 percent to $13.4 billion.


Read more at Reuters.com Business News

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