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Microsoft quarterly profits beat expectations as Windows sales rise | Microsoft's profits in the three months till the end of March have dropped
slightly but the
results still beat analysts' expectations after a surprise rise in sales of its
Windows operating system. The world's largest software firm made a net profit
of 5.11 billion dollars, as compared with 5.23 billion dollars in 2010. Windows
sales rose by four percent against forecasts of a four percent decline, though
sales at its entertainment division, which includes the Xbox console, fell by
16 percent. Its business division saw revenues increase by nine percent "reflecting
the continued strength of Office 2010", the company said. Brendan Barnicle, analyst
at Pacific Crest Securities, said the results looked good. "Particularly good
was the Windows business, which grew about four percent, more than PC industry
growth. In the last few quarters, Windows has been growing less than PCs overall,"
he said. "It's not clear yet what drove this change, but it could be that the
negative impact on PCs from tablets has peaked. The Office business was particularly
strong too, which is encouraging,” he added. The company also noted that the results
for the same quarter a year ago had been boosted by a 461 million dollar tax benefit.
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