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Reuters
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In the quarter ending Dec.31, U.S.-based Microsoft reported $ 43.1 billion in revenue, exceeding experts’ expectations, according to a report the company posted on its website.
According to the report, revenue increased 17% in the fourth quarter of last year compared to the same period a year earlier.
Operating profits for the aforementioned period increased 29% to $ 17.9 billion, while net profit reached $ 15.5 billion, an increase of 33%.
Experts expected the company’s revenue to barely exceed the $ 40 billion level, while the company would make $ 15 billion in profits.
Source: Novosti
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