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Microsoft profit hits $4.97 billion

By Agence France-Presse
Thursday, July 18, 2013 20:08 EDT
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Microsoft on Tuesday gave an early peek to the key Chinese market of its new tablet computer and Windows 8 software. File photo via AFP.
 
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Microsoft said Thursday it made a profit of $4.97 billion in the past quarter, helped by growing revenues from business services, offsetting the hit from a lagging market in personal computers.

Chief financial officer Amy Hood said results “were impacted by the decline in the PC market,” but added that “we continue to see strong demand for our enterprise and cloud offerings, resulting in a record unearned revenue balance this quarter.”

Agence France-Presse
Agence France-Presse
AFP journalists cover wars, conflicts, politics, science, health, the environment, technology, fashion, entertainment, the offbeat, sports and a whole lot more in text, photographs, video, graphics and online.
 
 
 
 
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