Microsoft quarterly profits beat expectations as Windows sales rise by four percent

   Apr 20, 4:44 pm

Washington, Apr 20(ANI): Microsoft's profits in the three months till the end of March have dropped slightly but the results still beat analysts' expectations after a surprise rise in sales of its Windows operating system.

The world's largest software firm made a net profit of 5.11 billion dollars, as compared with 5.23 billion dollars in 2010.

Windows sales rose by four percent against forecasts of a four percent decline, though sales at its entertainment division, which includes the Xbox console, fell by 16 percent.

Its business division saw revenues increase by nine percent "reflecting the continued strength of Office 2010", the company said.

Brendan Barnicle, analyst at Pacific Crest Securities , said the results looked good.

"Particularly good was the Windows business, which grew about four percent, more than PC industry growth. In the last few quarters, Windows has been growing less than PCs overall," he said.

"It's not clear yet what drove this change, but it could be that the negative impact on PCs from tablets has peaked. The Office business was particularly strong too, which is encouraging," he added.

The company also noted that the results for the same quarter a year ago had been boosted by a 461 million dollar tax benefit. (ANI)

Bonita India wins 3rd edition of India SME 100 Awards 2016 May 3, 5:50 pm
New Delhi, May 3 (ANI): Conquering another milestone in its brief yet eventful journey so far, Casa Brands India Pvt. Ltd has been named among the Top 100 SMEs of India by the India SME Forum for the year 2016, beating stiff competition from thousands of vibrant enterprises from across the country.
Full Story
Leading Indian plastic manufacturers to participate in Peru Expo Plast May 3, 5:39 pm
New Delhi, May 3 (ANI): Forty-eight leading plastic manufacturers from India across sectors, including products, raw materials, equipment and accessories and auxiliary teams and peripheral companies will participate in the "India Pavilion" of the 7th EXPO PLAST which is starting today in the Peruvian capital Lima and will go on till May 6.
Full Story
R and D key to success for Nissan and YumYum Foods in Thailand May 3, 12:10 pm
Bangkok (Thailand), May 3 (ANI): Nissan recently announced the opening of Nissan Motor Asia Pacific (NMAP) R and D Test Center in Thailand.
Full Story
Comments