Microsoft Beats Expectations For Fourth-Quarter Earnings [Headlines]

Microsoft Beats Expectations For Fourth-Quarter Earnings [Headlines]
Gaming & Play

Company sees an unexpected record fourth-quarter revenues of $17.4bn, but losses in online services division continue to deepen.

Adrian Lai
  • 24 july 2011

Microsoft exceeded analyst earnings estimates in its fourth quarter to the end of June, helped by strong sales of its Office software and Xbox console – but its shares fell on concerns about soft PC sales reducing demand for its Windows product.The company saw record fourth-quarter revenues of $17.4bn and profits of $6.2bn, up 8% and 4% respectively, although the figures mean that it was eclipsed for the second quarter in a row by Apple. Guardian

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