Microsoft (MSFT)

Microsoft posted quarterly earnings and revenues that surpassed Wall Street estimates Friday. First-quarter net income fell to $3.57 billion, or 40 cents a share, beating the 32-cent average estimate of analysts. Revenue, excluding $1.47 billion deferred to a future quarter, was $12.9 billion. Analysts had projected sales of $12.4 billion for the period ended Sept. 30.
The company said sales of Windows and Xbox exceeded expectations due to strong consumer demand and that cost discipline drove earnings per share growth.

Oct 23 · 9:48:00 AM · Source: Company news release
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by Larry Etter