Microsoft profit, sales smash expectations (Reuters)

Packages of Microsoft's newly-released operating system, Windows 7, are lined up for purchase inside the company's first retail store grand opening Thursday, Oct. 22, 2009, in Scottsdale, Ariz. Microsoft's profit fell 18 percent in the last quarter, partly because it deferred revenue to let summertime PC buyers get free upgrades to Windows 7, which launched Thursday.(AP Photo/Paul Connors)Reuters - Microsoft Corp smashed Wall Street's profit and sales expectations on Friday, sending its shares up 9 percent, as the PC market showed signs of stabilizing and sales of its Windows software and Xbox game consoles held up much better than expected.

Original post by Reuters and software by Elliott Back

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