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All Posts Term: microsoft
3 post(s) found

Microsoft Beats Estimates On New Products

MicrosoftProfit

Microsoft reported its 3rd quarter results tonight, beating analyst estimates with stronger sales in cloud services, tablets, and software. Windows sales were soft during the period. Revenue beat estimates at $21.7 million, an improvement of 6% when compared to the same quarter last year. Earnings beat by 10 cents, coming in at 61 cents a share.

Microsoft touted its cloud services as evidence that companies are moving away from server based technologies to its cloud products. Satya Nadella, Microsoft CEO, also mentioned the upcoming Build developers conference as something we should look forward to, to see more cloud products from the company.

Microsoft Q4 Earnings

The official figures for Microsoft's fourth quarter of 2010 are out which is 16.04 billion US Dollars. With the announcement by Apple last Tuesday, it was expected in several quarters of the country that Apple would over take Microsoft in the net revenue generation and that would be the first time in the recent history. But Microsoft proved most of them wrong. Though Apple had reported 15.7 billion US Dollar last quarter, Microsoft crossed that with ease at 16.04 billion US dollar.

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