Expectations were high ahead of
Microsoft’s fiscal third-quarter earnings report on Thursday.
The PC industry saw a devastating decline in the March quarter but while its vendor partners took a big hit thanks to lackluster
Windows 8 demand, industry watchers still saw Microsoft’s profit climbing 13.3% thanks to strong software sales. According to a Thomson Reuters poll of Wall Street analysts, Microsoft was expected to report earnings of $0.68 pre share, or $5.78 billion, on $20.51 billion in revenue. The numbers are now in and Microsoft bucked the PC sales trend while handily beat estimates, posting a profit of $0.72 per share, or $7.61 billion, on $20.5 billion in sales.
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