News Feed » Microsoft Profit http://www.news-feed.com Current and updated news feed covering the U.S. and the rest of the World Sun, 05 Feb 2012 15:16:42 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 Microsoft Surprises Financial Analysts http://www.news-feed.com/2009/10/24/microsoft-surprises-financial-analysts/ http://www.news-feed.com/2009/10/24/microsoft-surprises-financial-analysts/#comments Sat, 24 Oct 2009 08:16:37 +0000 admin http://www.news-feed.com/?p=1170 A day after launching its long-awaited Windows 7 operating system, Microsoft Corp created quite a stir amongst investors after releasing its first quarter results yesterday. Microsoft, the world’s biggest software maker, stunned analysts by reporting a smaller than expected fall-off in profit to US$3.57B or US$0.40 per share, compared with US$4.37B or US$0.48 per share a year ago. Analysts were expecting earnings of US$0.32 per share.

As a result of this, Microsoft’s share price jumped 5.38% to US$28.02, a level it has not seen since the start of the global economic downturn.

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