Microsoft’s profits rise sharply

Microsoft has said that its profits rose sharply in the past quarter, boosted by improving sales across a range of consumer products and business services, sending its shares higher. Overall profit for the quarter ending December 31 rose 38 per cent from a year ago to $ 11.6 billion, while revenues jumped 14 per cent to $ 36.9 billion. The earnings highlighted Microsoft’s successful transition from a pure consumer software firm to a diversified tech giant focused heavily on business services. Continue Reading