Microsoft’s Windows sales up, gaming softens

NEW YORK (CNNMoney) — Microsoft’s sales growth for Xbox and Kinect slowed sharply last quarter, but other sectors like Windows helped the company post earnings that beat analysts’ estimates. But Microsoft noted that the decline was because of a $461 million tax benefit the company received last year. Without that one-time gain, earnings per share rose 7% over the year. Most of Microsoft’s businesses posted solid sales growth compared with last year: 14% for the server and tools division; 9% for the business sector, which includes Office; 6% for online services; and 4% for Windows. Microsoft investor relations director

Read Full Article…

Related Content