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Sunday, April 27, 2008

Fexon Technology Ltd|IT news: Microsoft announced the financial reporting better than Wall Street expected.

Fexon Technology Ltd|IT news reports: On Thursday, Microsoft announced third-quarter financial report, as Vista operating system delays caused by the income of more than 100 million U.S. dollars delayed, the company's profit fell 11 percent, compared with the same period last year.

Microsoft said profit for the third quarter, the company 4.39 billion U.S. dollars, more than Wall Street expected earnings of 47 cents a share, Thomson Financial analysts expected, Microsoft's third-quarter earnings of 44 cents a share. Over the same period last year, the company's profit 4.93 billion U.S. dollars, earnings of 50 cents a share.

Although this year to March, the global computer sales stronger than expected, but Microsoft delayed the release of the Vista delay income 16.7 billion U.S. dollars, Microsoft's third-quarter sales from last year's 14.4 billion U.S. dollars increased slightly to 14.45 billion Dollars online with analysts expectations.

Financial reports show that the third quarter, sales of Windows sector dropped by 24 percent to 4.02 billion U.S. dollars. Published by the new server software and other major software licensing promotion, server software and tools sector sales grew 18 percent to 330 million U.S. dollars. Xbox 360 video game sector revenue growth of 68 percent, to 1.58 billion U.S. dollars. (Fexon Technology Ltd)

Microsoft shares rose 35 cents to settle at 31.80 U.S. dollars per share, rase in 1.1 percent range. ----> More news

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