{"id":405766,"date":"2011-04-28T20:25:09","date_gmt":"2011-04-28T20:25:09","guid":{"rendered":"http:\/\/www.ghanamma.net\/2011\/04\/28\/microsoft-profit-up-31-on-office-kinect-sales\/"},"modified":"2011-04-28T20:25:09","modified_gmt":"2011-04-28T20:25:09","slug":"microsoft-profit-up-31-on-office-kinect-sales","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2011\/04\/28\/microsoft-profit-up-31-on-office-kinect-sales\/","title":{"rendered":"Microsoft profit up 31% on Office, Kinect sales"},"content":{"rendered":"<div readability=\"60.8384520885\">\n<p><span id=\"fb-recommend\"\/> <span>By <a href=\"mailto:david.goldman@turner.com\">David Goldman<\/a>, staff writer<\/span><span>April 28, 2011: 4:20 PM ET<\/span><\/p>\n<p>NEW YORK (CNNMoney) &#8212; Microsoft Corp. reported quarterly sales and profit Thursday that rose from year-ago results and beat Wall Street&#8217;s forecasts.<\/p>\n<p>The Redmond, Wash., software giant said its fiscal third-quarter net income rose 31% to $5.2 billion, or 61 cents per share, for the period ended March 31. Results included a one-time tax benefit of 5 cents per share. Without the benefit, Microsoft earned 56 cents per share.<\/p>\n<p>Analysts polled by Thomson Reuters, who typically exclude one-time items from their estimates, had forecast earnings of $4.8 billion or 56 cents per share.<\/p>\n<p>Sales rose 13% to $16.4 billion, topping analysts&#8217; forecasts of $16.2 billion.<\/p>\n<p>Revenue was particularly boosted by sales of Office, Kinect and Microsoft&#8217;s server software. But flat-lining PC sales resulted in lower Windows sales and profit than in the same period last year.<\/p>\n<p>&#8220;We delivered strong financial results despite a mixed PC environment, which demonstrates the strength and breadth of our businesses,&#8221; Peter Klein, chief financial officer at Microsoft, said in a prepared statement. &#8220;Consumers are purchasing Office 2010, Xbox and Kinect at tremendous rates, and businesses of all sizes are purchasing Microsoft platforms and applications.&#8221;<\/p>\n<p>Shares of Microsoft (<a href=\"http:\/\/money.cnn.com\/quote\/quote.html?symb=MSFT&#038;source=story_quote_link\">MSFT<\/a>, <a href=\"http:\/\/money.cnn.com\/magazines\/fortune\/fortune500\/2010\/snapshots\/3063.html?source=story_f500_link\">Fortune 500<\/a>) were unchanged after hours.\u00a0<a href=\"http:\/\/money.cnn.com\/2011\/04\/28\/technology\/microsoft_earnings\/index.htm?section=money_topstories&#038;utm_source=feedburner&#038;utm_medium=feed&#038;utm_campaign=Feed%3A+rss%2Fmoney_topstories+%28Top+Stories%29#TOP\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/i.cdn.turner.com\/money\/images\/bug.gif\" alt=\"To top of page\" border=\"0\" width=\"7\" height=\"7\" \/><\/a><\/p>\n<\/div>\n<p>See more here:<br \/>\n<a target=\"_blank\" href=\"http:\/\/rss.cnn.com\/~r\/rss\/money_topstories\/~3\/1XpIuh3yuNo\/index.htm\" title=\"Microsoft profit up 31% on Office, Kinect sales\" rel=\"noopener noreferrer\">Microsoft profit up 31% on Office, Kinect sales<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p> By David Goldman , staff writer April 28, 2011: 4:20 PM ET NEW YORK (CNNMoney) &#8212; Microsoft Corp. reported quarterly sales and profit Thursday that rose from year-ago results and beat Wall Street&#8217;s forecasts. The Redmond, Wash., software giant said its fiscal third-quarter net income rose 31% to $5.2 billion, or 61 cents per share, for the period ended March 31. <\/p>\n","protected":false},"author":0,"featured_media":405767,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":{"0":"post-405766","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-local-news"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Microsoft profit up 31% on Office, Kinect sales - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2011\/04\/28\/microsoft-profit-up-31-on-office-kinect-sales\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Microsoft profit up 31% on Office, Kinect sales - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"By David Goldman , staff writer April 28, 2011: 4:20 PM ET NEW YORK (CNNMoney) -- Microsoft Corp. reported quarterly sales and profit Thursday that rose from year-ago results and beat Wall Street&#039;s forecasts. The Redmond, Wash., software giant said its fiscal third-quarter net income rose 31% to $5.2 billion, or 61 cents per share, for the period ended March 31.\" \/>\n<meta name=\"twitter:creator\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:site\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/04\/28\/microsoft-profit-up-31-on-office-kinect-sales\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/04\/28\/microsoft-profit-up-31-on-office-kinect-sales\/\"},\"author\":{\"name\":\"\",\"@id\":\"\"},\"headline\":\"Microsoft profit up 31% on Office, Kinect sales\",\"datePublished\":\"2011-04-28T20:25:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/04\/28\/microsoft-profit-up-31-on-office-kinect-sales\/\"},\"wordCount\":213,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/04\/28\/microsoft-profit-up-31-on-office-kinect-sales\/#primaryimage\"},\"thumbnailUrl\":\"\",\"articleSection\":[\"Local News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.ghanamma.com\/2011\/04\/28\/microsoft-profit-up-31-on-office-kinect-sales\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/04\/28\/microsoft-profit-up-31-on-office-kinect-sales\/\",\"url\":\"https:\/\/www.ghanamma.com\/2011\/04\/28\/microsoft-profit-up-31-on-office-kinect-sales\/\",\"name\":\"Microsoft profit up 31% on Office, Kinect sales - Ghanamma.com\",\"isPartOf\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/04\/28\/microsoft-profit-up-31-on-office-kinect-sales\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/04\/28\/microsoft-profit-up-31-on-office-kinect-sales\/#primaryimage\"},\"thumbnailUrl\":\"\",\"datePublished\":\"2011-04-28T20:25:09+00:00\",\"author\":{\"@id\":\"\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.ghanamma.com\/2011\/04\/28\/microsoft-profit-up-31-on-office-kinect-sales\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/04\/28\/microsoft-profit-up-31-on-office-kinect-sales\/#primaryimage\",\"url\":\"\",\"contentUrl\":\"\"},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/#website\",\"url\":\"https:\/\/www.ghanamma.com\/2011\/\",\"name\":\"Ghanamma.com\",\"description\":\"News In Ghana - Latest Ghana News Headlines\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.ghanamma.com\/2011\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Microsoft profit up 31% on Office, Kinect sales - Ghanamma.com","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ghanamma.com\/2011\/04\/28\/microsoft-profit-up-31-on-office-kinect-sales\/","twitter_card":"summary_large_image","twitter_title":"Microsoft profit up 31% on Office, Kinect sales - Ghanamma.com","twitter_description":"By David Goldman , staff writer April 28, 2011: 4:20 PM ET NEW YORK (CNNMoney) -- Microsoft Corp. reported quarterly sales and profit Thursday that rose from year-ago results and beat Wall Street's forecasts. 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