Microsoft report lifts Asian friday markets

Posted in Forecasting

Asian markets ended the week up helped by the Microsoft report coming in at 51 cents per share which is better than analyst projections at 46 cents per share. Sales amounted to 16 billion dollars.

High demand for computers and Microsoft products fuels the good figures but Microsoft still battles for a foothold in the online search market. The current involvement with Yahoo has still to produce results, something that may improve Microsoft´s standing even further by end of 2010.

On the other end we find Amazon who reports a severe profit hit as expenses rise by 40%.

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This entry was posted on Friday, July 23rd, 2010 at 12:27 am and is filed under Forecasting. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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