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Thursday, October 20, 2011

BREAKING NEWS: Microsoft’s 1Q EPS In-Line With Expectations

Microsoft on Thursday posted first-quarter earnings that were in-line with what Wall Street was expecting, though revenue came in somewhat higher than estimates. The software behemoth earned 68 cents a share on sales of $17.4 billion; Wall Street was expecting earnings of 68 cents on revenue of $17.2 billion. The shares are off slightly in after-hours trading.


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