Politics

Politics

Microsoft posts high profit

25 January 2008 10:08 (UTC +04:00)

Microsoft said its net profits for the quarter climbed to $4.7 billion, or 50 cents per share, compared with $2.6 billion, or 26 cents a share, in the same period a year earlier. The earnings topped analystsâ€™ expectations.
Microsoft credited its new Windows Vista operating system - released a year ago - with lifting sales in the business and personal computer sectors.
Demand for Microsoft software including Office, Sharepoint, Exchange, and Vista remains strong, according to the US software giant.
Chief operating officer Kevin Turner said Microsoft was continuing to see heavy demand from businesses and consumers in the US, while growth in emerging markets was â€˜especially strongâ€™.
Microsoft also reported a jump in sales of its Xbox 360 video game consoles during the Christmas holiday shopping season. Microsoft says it has sold 17.7 million since they came on to the market in November 2005. /APA/