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Microsoft beats Street, readies new mobile devices

Microsoft is working with manufacturers to produce a line of small touch-screen devices powered by Windows, apparently intended to compete with 7-inch tablets like the iPad Mini and Amazon Kindle Fire. …


Quoted from Microsoft beats Street, readies new mobile devices on Gadgets News Headlines – Yahoo! News

Microsoft today announced its quarterly earnings for its first financial quarter of 2018 (yes, I know it’s early, but that’s how Microsoft’s financial quarters work). Earnings and revenue that beat Wall Street expectations sparked a surge in Microsoft’s stock price during after-hours trading Wednesday, lifting the pany’s market cap to more than $1 trillion. executives Brad Smith, Satya Nadella and Amy Hood. (GeekWire Photo / Nat Levy) rebounded from a rare revenue miss, sailing past Wall Street expectations for its third quarter Tags: microsoft, beats, wall, street, Microsoft beats Street profit view, Corp beat Wall Street's profit forecast as personal puter sales held up better than expected, lifting its shares 2.5 percent after hours.

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