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M’soft profit beats Street

Microsoft’s profit exceeded analysts’ estimates, thanks to cost controls amid weak demand for Windows 8 PCs. Net income in the quarter rose 19 percent to $6.06 billion, or 72 cents a share. Revenue rose 18 percent to $20.5 billion, Microsoft said.Microsoft closed down 3 cents, to… …read more
Source: NY Post

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Posted by on April 19, 2013. Filed under Business News. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.