Microsoft profits and sales go skyward

"Microsoft, the biggest software company on earth, once again bucked the trend in the IT sector by posting higher sales and earnings.

While most other global IT firms have struggled to grab more sales, Microsoft on Thursday said its sales were up nearly 11 percent year-on-year in its fiscal fourth quarter, to USD8.07 billion. CFO John Connors said that favourable exchange rates boosted revenue by USD255 million, but even without this gain, the company's revenues would have been up by 8 percent. "

The Register - Microsoft profits and sales go skyward