Microsoft's quarterly earnings off 38%
SeattlePI | at | by Mike
Microsoft's steady growth in its core businesses, including sales of the Windows operating system, as a sign of continued strength. The company's overall revenue exceeded analysts' expectations by growing 17 percent for the quarter ended March 31, to $9.18 billion.
The company's earnings were "very solid," said Alan Davis, an analyst at McAdams Wright Ragen in Seattle. The 17 percent quarterly revenue growth was also more than the firm was anticipating.