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Microsoft: Booming business as usual

Time: 09:19 EST/14:19 GMT | News Source: ZDNet | Posted By: Byron Hinson

Microsoft beat Wall Street expectations Tuesday, chugging ahead despite a weak economy and slow technology spending. The Redmond, Wash.-based software giant reported third-quarter earnings of $2.79 billion, or 26 cents a share, compared with $2.74 billion, or 50 cents a share, a year earlier. In January, Microsoft announced a two-for-one stock split, making the year-ago comparison 25 cents a share if the split is figured in.

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