Summary Box: Microsoft posts solid fiscal 1Q

Published October 21, 2011 by
Uncategorized

MICROSOFT DELIVERS: The software maker’s fiscal first-quarter earnings rose 6 percent to $5.7 billion, or 68 cents per share. That matched analyst estimates. Revenue for the July-September period increased 7 percent to $17.3 billion to exceed the projections guiding Wall Street.

SLUMP BUSTER: Revenue in the division that includes Microsoft Corp.’s Windows franchise edged up 2 percent. The modest gain was notable because Windows revenue had decreased in the three previous quarters.

UNIMPRESSED: The performance didn’t ease investor worries about Microsoft’s ability to adapt to the new ways people are using technology. The company’s shares dipped in Thursday’s extended trading.

Share Post:
N