Corporate Spending Spree Helps Revenue for Microsoft, Intel

Corporate spending on computers and software gathered steam last quarter, bolstering sales and profit at Microsoft Corp., Intel Corp. and International Business Machines Corp.

Results from all three companies this week surpassed analysts’ predictions, with Microsoft saying yesterday that sales climbed to $17.4 billion in its fiscal fourth quarter. That topped the $17.2 billion average estimate of analysts. Intel’s revenue forecast for the current quarter, released a day earlier, also exceeded projections.