Microsoft Bucks Negative Tech Trend With Q1 Beat

By | October 23, 2014

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A recovering PC market and emerging cloud-computing businesses gave Microsoft a lift in the September quarter. Microsoft (MSFT) late Thursday reported fiscal first-quarter earnings and revenue that beat Wall Street’s forecasts. The Redmond, Wash.-based company earned 54 cents a share, down 13% from the year-earlier period but better than the 49 cents expected by analysts polled by Thomson Reuters. The profit, however, includes a negative impact of Scalper1 News

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