DV Hardware - bringing you the hottest news about processors, graphics cards, Intel, AMD, NVIDIA, hardware and technology!

   Home | News submit | News Archives | Reviews | Articles | Howto's | Advertise
DarkVision Hardware - Daily tech news
January 16, 2018 
Main Menu
News archives

Who's Online
There are currently 70 people online.


Latest Reviews
Arctic BioniX F120 and F140 fans
Jaybird Freedom 2 wireless sport headphones
Ewin Racing Champion gaming chair
Zowie P-TF Rough mousepad
Zowie FK mouse
BitFenix Ronin case
Ozone Rage ST headset
Lamptron FC-10 SE fan controller

Follow us

Microsoft net income lower, tops expectations

Posted on Thursday, April 24 2008 @ 22:44:02 CEST by

Microsoft announced a fiscal third-quarter profit of $4.38 billion, or 47 cents per share, on a revenue of $14.45 billion. Sales were up from $14.39 billion to $14.45 billion but net income was three cents per share lower than the year before.

Bloomberg writes Microsoft topped analyst expectations and says the software sector seems to be doing pretty well:
Microsoft, whose Windows program powers more than 90 percent of the world's personal computers, beat estimates for the third quarter in a row as PC purchases climbed. Shipments rose 15 percent as sales overseas offset slowing growth in the U.S., according to researcher IDC. Microsoft had forecast growth of as much as 11 percent.

``The software sector seems to be doing pretty well,'' Brent Williams, an analyst at Benchmark Co. in New York, said before the report. PC demand ``seems to be running a bit higher than expectations.''

Analysts on average predicted earnings of 44.5 cents a share in the third quarter. Profit and sales a year ago were helped by $1.67 billion in Windows and Office software orders held over from the previous quarter for accounting reasons.

Microsoft said sales in the year that starts in July will rise to $66.9 billion to $68 billion, compared with the $66.6 billion average of analysts' estimates in a Bloomberg survey. Profit will increase to $2.13 to $2.19 a share, compared with an estimate of $2.11.
Microsoft (MSFT) dropped 4.18 percent in afterhours trading.



DV Hardware - Privacy statement
All logos and trademarks are property of their respective owner.
The comments are property of their posters, all the rest © 2002-2017 DM Media Group bvba