Microsoft posts impressive profits

Microsoft, the world's largest software maker, reported fiscal third-quarter profit that topped estimates on better-than-expected sales of business software.

21st April, 2012
Microsoft posts impressive profits
Nokia Lumia 800.

Microsoft, the world's largest software maker, reported fiscal third-quarter profit that topped estimates on better-than-expected sales of business software.

Net income slipped to $5.11 billion, or 60 cents a share, from $5.23 billion, or 61 cents, a year earlier, Microsoft said.

Analysts had predicted an average 57 cents in profit, according to estimates compiled by Bloomberg.

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