Thursday, April 22, 2010

Microsoft quarterly net profit up 35pc

US software giant Microsoft said that its third-quarter net profit rose 35 per cent to $US4.01 billion ($4.33 billion), slightly better than expectations.

Microsoft said revenue hit a record $US14.50 billion in the quarter which ended on March 31, up six per cent over the same period a year ago.

"Windows 7 continues to be a growth engine, but we also saw strong growth in other areas like Bing search, Xbox Live and our emerging cloud services," Microsoft chief financial officer Peter Klein said in a statement.

Microsoft said revenue from its Windows computer operating system was up 28 per cent over a year ago, driven by strong demand for the latest version, Windows 7.

"Business customers are beginning to refresh their desktops and the momentum of Windows 7 continues to be strong," chief operating officer Kevin Turner said.

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