40°

Microsoft profit, sales beat expectations

Microsoft Corp's quarterly profit fell a smaller-than-expected 18 percent on Friday, as the world's largest software company held up better than feared, sending its shares up 8 percent.

The company, which released its new Windows 7 operating system this week, reported fiscal first-quarter profit of $3.57 billion, or 40 cents per share, compared with $4.37 billion, or 48 cents per share, in the year-ago quarter.

Wall Street expected profit of 32 cents per share, on average, according to Thomson Reuters.

Update:

From Page 2 of the updated article:

Profit rose in its server unit and its entertainment and devices unit, which makes the Xbox console and Halo video game series.

bot slayer5085d ago

Reported by bot-ters.com lol

Serial_EDX5085d ago

Could you.

I don't know.

Maybe try harder?

darkmurder5084d ago

Profits fell but they still posted a profit which in a recession is hard to do!

green5084d ago (Edited 5084d ago )

Always good to see companies coming out of the recession. I expect Darkrider66 to be scrutinizing every aspect of the financial report in order to wright a spin article.

Anyway, hope Sony posts similar profits as well.As for Nintendo, recession was never really a problem for them.

@ Below:I amsure your right but at least they will still make a profit.But i doubt we will see wii sales rise to 2007-2008 levels again.

darkmurder5084d ago

Nintendo's profts are set to dip according to Fudzilla, everyone has a Wii and their sales are falling.

60°

Tokyo Game Show 2024 Dates & Japan Game Awards 2023 Future Division Announced

With the conclusion of Tokyo Game Show 2023, the CESA reached out with a press release with details about the show and its 2024 edition, on top of the Japan Game Awards.

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techraptor.net
50°

TGS 2023: Dragon's Dogma II is More of a Good Thing |Hardcore Gamer

Fans worried about Dragon's Dogmas return after so many years can put those worries to rest. Dragon's Dogma 2 isn't some reinvention of the game they loved. Rather it's more like an extension of it, and the devs are doing their utmost to ensure that the core experience is being properly preserved while also improving it wherever possible.

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hardcoregamer.com
50°

Final Fantasy XIV Update 6.5 "Growing Light" Gets Release Date

Today Square Enix announced the release date of Final Fantasy XIV Update 6.5 titled "Growing Light," which will start the conclusion of the story of the 6.X cycle of patches.

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techraptor.net