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  Microsoft profit jumps 37.5%
Time: 19:19 EST/00:19 GMT | News Source: The Star | Posted By: Andre Da Costa

NEW YORK: Microsoft Corp's fiscal fourth-quarter net earnings jumped 37.5% to US$3.7bil, lifted by improved sales across a range of its products and a one-time tax gain. The world's biggest software company said the profit amounted to 30 US cents a share after special items were stripped out – a penny short of the average analyst forecast calculated by Thomson Financial/First Call. Revenue for the period rose 9.4% to US$10.16bil, just shy of the US$10.17bil estimated in the First Call survey.

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#276 By 4240821 (77.83.4.69) at 11/15/2024 6:46:00 AM
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