Microsoft Profit Up 6 Percent
Microsoft Thursday reported net income of $5.74 billion for the fiscal first quarter, an increase of six percent over the same period the year before.
The company attributed its performance to strong sales of Office.
“We saw customer demand across the breadth of our products, resulting in record first-quarter revenue and another quarter of solid EPS growth,” Peter Klein, chief financial officer at Microsoft, said as part of the announcement. “Our product portfolio is performing well, and we’ve got an impressive pipeline of products and services that positions us well for future growth.”