Microsoft tops earnings forecast
C|Net | at | by Mike
Buoyed by sales of the Xbox 360 and server software, Microsoft reported first-quarter earnings on Thursday that edged ahead of the company's forecast.
The software giant said that it earned $3.48 billion, or 35 cents a share, on revenue of $10.81 billion, for the three months ended Sept. 30. That compares with earnings of $3.14 billion, or 29 cents a share, on revenue of $9.74 billion for the same quarter a year ago. The year-ago earnings figure included legal expenses that amounted to 2 cents a share.