Microsoft Profit Jumps; Sales Climb Most in Two Years
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Microsoft Corp., the world’s largest software maker, posted its biggest sales gain in 2 1/2 years in the fourth-quarter after customers purchased more personal computers running the Windows operating system.
Net income climbed 48 percent to $4.52 billion, or 51 cents a share, exceeding the 46-cent average of analysts’ estimates compiled by Bloomberg. Sales advanced 22 percent to $16 billion, the company said today in a statement.