Microsoft Profits Up On Solid Demand For Server Software
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Microsoft reported Thursday that first-quarter net income rose 11% and revenue 12%, due to strong server-software demand and steady sales of PCs that run its products.
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Microsoft Corp. said its fiscal first-quarter earnings rose 11 percent, beating analysts&#39; expectations, as the company benefited from stronger-than-expected computer and server shipments.
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Microsoft beat Wall Street expectations for both revenue and EPS (earnings per share) for its fiscal 2008 second quarter, attributing its strong quarter to sales of core client products, such as Windows Vista and Office 2007, as well as Exchange and SharePoint server software.
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Microsoft is expected to report a sharp  rise in quarterly profit this week, boosted by surging revenue  as strong computer sales drive demand for its Windows operating  system and Office software.
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Linux continues to strengthen its position in the server market with revenue growth of almost 43 percent in the third quarter of this year, while Windows-based
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Oracle Corp.  on Thursday  posted a higher quarterly profit, helped by  stronger-than-expected new software license revenue.
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Microsoft Corp  posted a 7  percent gain in net profit as demand for its Office software  and improved results from its online arm more than compensated  for a $1.1 billion charge to repair Xbox game consoles.
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Economic worries notwithstanding, the server market continued to grow at a healthy clip in the second quarter, according to research firm Gartner.
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Microsoft Corp. MSFT.Oon Thursday  said its quarterly profit climbed as revenue rose 12 percent,  but its shares fell as investors failed to account for the  effect of the expensing of stock-based compensation in  assessing the earnings.
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Microsoft said Thursday that its fiscal first-quarter earnings rose 11%, beating analysts' expectations, as the company benefited from stronger-than-expected computer and server shipments.
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Despite a slight seasonal dip, the software maker surpasses earnings expectations, as year-over-year growth comes in strong.
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TechWeb - The provider of on-demand enterprise-resource planning software has posted strong revenue growth, but until last year sales and marketing costs always exceeded revenue.
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A Microsoft Corp. division that competes head-to-head with the open-source Linux operating system posted sharply improved financial results, helping to fuel a strong quarter for the Redmond software company.
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Microsoft reported surprising strong quarterly sales and profit growth, well ahead of Wall Streetâs expectations, which sent its stock up 12 percent in after-hours trading.
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Increase in revenue from new software licenses helped SAP increase Q2 profits, despite stiff competition from Oracle.
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By announcing plans to maintain its current per-processor server software licensing, Microsoft Corp. has pleased customers and, in the process, put serious pressure on competing software developers to do the same.
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Microsoft Corp  posted a rise  in quarterly profit on Thursday, boosted by healthy demand for  personal computers loaded with its Windows operating system and  strong sales of its "Halo 3" video game.