Strong server, PC sales boost Microsoft revenue
InfoWorld | at | by Mike
Citing continued strength in the PC and server markets, Microsoft on Thursday reported earnings that beat Wall Street expectations and a 12 percent increase in revenue for the first quarter of its 2005 fiscal year. The world's largest software vendor reported net income of $2.9 billion on revenue of $9.19 billion for the three-month period ended Sept. 30. That compares to net income of $2.61 billion and revenue of $8.22 billion in the year-earlier period, the company said in a statement.