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Microsoft: Better than expected earnings
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01-22-2004
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Microsoft: Better than expected earnings
Buoyed by strong demand for PCs, Microsoft on Thursday reported better-than-expected quarterly sales and earnings, with the company noting it saw signs of a recovery in corporate tech spending. For the three months ended Dec. 31, Microsoft earned $1.55 billion, or 14 cents per share, on record revenue of $10.15 billion.
Read more: CNet News. On a related note, CNet also has a report on the software giants' bad courtroom experiences, lately MS has been taking some of its hardest knocks in city council and legislative chambers. High-profile deals to migrate to Linux and official backing for open-source software point to a greater willingness for governments to challenge Microsoft. |
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