Microsoft profits up on Windows sales

Iria · Oct 27, 2005, 11:15 PM

SEATTLE (Reuters) - Microsoft Corp., the world's largest software maker, on Thursday posted an increase in quarterly profit on robust sales of its Windows software for personal computers but forecast revenue for the current quarter below Wall Street expectations.

Shares fell 66 cents, or 2.6 percent, to $24.19 on Inet on the lower revenue outlook, with analysts saying that slower sales of Microsoft Xbox video game console were the most likely reason.

Net income reached $3.14 billion, or 29 cents per share, in the fiscal first quarter ended in September compared with $2.53 billion, or 23 cents per share, a year earlier, which included a 3 cent charge for a settlement with Novell Inc.

Excluding a legal settlement charge, Microsoft said it earned 31 cents per share in the first fiscal quarter.
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Read More / Source: SBC Yahoo! News

Oct 27, 2005, 11:15 PM	#1
Iria DriverHeaven Extreme Member Join Date: Apr 2004 Posts: 7,275 Rep Power: 89	Microsoft profits up on Windows sales SEATTLE (Reuters) - Microsoft Corp., the world's largest software maker, on Thursday posted an increase in quarterly profit on robust sales of its Windows software for personal computers but forecast revenue for the current quarter below Wall Street expectations. Shares fell 66 cents, or 2.6 percent, to $24.19 on Inet on the lower revenue outlook, with analysts saying that slower sales of Microsoft Xbox video game console were the most likely reason. Net income reached $3.14 billion, or 29 cents per share, in the fiscal first quarter ended in September compared with $2.53 billion, or 23 cents per share, a year earlier, which included a 3 cent charge for a settlement with Novell Inc. Excluding a legal settlement charge, Microsoft said it earned 31 cents per share in the first fiscal quarter. ____________ Read More / Source: SBC Yahoo! News