Office boosts Microsoft profits

    0
    71

    28 April 2011 Last updated at 16:35 ET

    Technology giant Microsoft has reported a sharp jump in quarterly profits, thanks in part to strong sales of its Office applications.

    Net income for the three months to the end of March was $5.23bn (£3.14bn), a rise of 31% on the $4bn the firm made a year ago. Revenue rose 13% to $16.43bn.

    The company said it achieved the “strong results despite a mixed PC environment”.

    Sales of Xbox consoles and Kinect controllers also rose, the firm said.

    Read the rest here:
    Office boosts Microsoft profits