“Microsoft topped earnings forecasts, helped by sales of its Office software, but profit from its core Windows fell on soft PC sales,” CNBC reports.
The software giant reported its earnings excluding items rose to 69 cents a share in its fiscal fourth quarter from 51 cents a share a year earlier,” CNBC reports. “Revenue for the most recent period increased to $17.37 billion from $16.04 billion a year earlier.”
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CNBC reports, “Analysts who follow Microsoft expected the company to turn a profit of 58 cents a share on sales of $17.23 billion, according to a consensus estimate compiled by Thomson Reuters.”
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MacDailyNews Note: Shares of Microsoft are currently down slightly $0.18, or 0.68%, to $26.91 in after-hours trading as MSFT investors remain as comatose as ever.