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PC sales lift Microsoft's profits

Discussion in 'General Discussions and Lounge' started by gkd_uk, Jan 25, 2008.

  1. gkd_uk

    gkd_uk Moderator Moderator Webmaster

    Microsoft's results are good for the whole technology sector
    Microsoft's profits for the key Christmas trading quarter have soared 79%, driven by strong computer sales and the success of its Xbox console.
    The US giant's net profit for October to December 2007 was $4.7bn (£2.4bn), compared with $2.6bn a year earlier.

    Its latest profit was ahead of analyst targets, but the rise is exaggerated by 2006's figure being reduced due to delays to the Vista software system.

    Microsoft's revenues for the last quarter of 2007 grew 30% to $16.37bn.

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