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Thread ID: 81203 2007-07-20 04:55:00 Microsoft's end of quarter financial results for those interested. winmacguy (3367) PC World Chat
Post ID Timestamp Content User
570490 2007-07-20 04:55:00 MICROSOFT has posted a 7 per cent gain in net profit as demand for its Office software and improved results from its online arm more than compensated for a $US1.1 billion ($1.26 billion) charge to repair Xbox game consoles.

Microsoft also slightly raised its full-year earnings and revenue forecasts, citing demand for new software products like its Windows Server 2008.
www.australianit.news.com.au
winmacguy (3367)
570491 2007-07-20 07:02:00 Awesome!!!!:thumbs: beeswax34 (63)
570492 2007-07-20 07:06:00 Only 7% profit rise? Heads will roll.

While most people think that a billion dollars is close to being real money, MS would call it "petty cash".
Graham L (2)
570493 2007-07-20 07:25:00 Agreed, although it must have pleased some investors as it resulted in a rise in Microsoft's share price today. They are actually up about $1.50 a share in the last 5 days. Normally they are very flat. For anyone who is interested Microsoft shares only cost $31.51 US each which might sound like a lot to us Kiwis but it is pretty normal for a US company.
A few other notable companies have been having tough quarters like Motorola, Dell and Yahoo.
winmacguy (3367)
1