Arab Today, arab today microsoft tops expectations with record revenue
Last Updated : GMT 20:22:33
Arab Today, arab today
Arab Today, arab today

Microsoft tops expectations with record revenue

Arab Today, arab today

Arab Today, arab today Microsoft tops expectations with record revenue

San Francisco - AFP

Microsoft on Thursday beat Wall Street expectations as Xbox consoles, Surface tablets and services in the Internet "cloud" helped power record quarterly revenue. The US-based technology titan reported net income of $6.56 billion on revenue that hit a record high of $24.52 billion in the quarter that ended December 31. "Our Commercial segment continues to outpace the overall market, and our Devices and Consumer segment had a great holiday quarter," said outgoing chief executive Steve Ballmer. Microsoft shares climbed more than four percent to $37.62 in after-market trades on the Nasdaq following release of the earnings figures.

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