The world’s largest computer software-maker, Microsoft Inc., today announced Q3 2009 (ending Sept 30) earnings, easily beating Wall Street expectations and sending the Microsoft stock (MSFT) surging up almost 6-percent in mid-day trading.
Microsoft recorded total sales as $12.9 billion (down 14-percent from the same period last year), but still topped analyst expectations.
Microsoft posted $3.6 billion ($0.40 per share) in profits, an 18-percent decrease compared to the same period in 2008.
Loading ...Microsoft CFO Chris Linddell said today in a statement that the company is pleased with its performance. He also noted the company is keeping in line with cost estimates. Microsoft more recently began aggressively cutting costs, announcing 5,000 layoffs last January, the biggest in the company’s history.
The fourth quarter of 2009 is expected to be better as the company just launched Windows 7, which is expected to be very successful and also outsell Vista.
The launch of Windows 7 has prompted a series of new attack ads from rival Apple, the new TV advertisement placements are embedded below.
If you’d like to learn more about Windows 7, you should check out cnet’s comprehensive review of Windows 7 here complete with benchmarking tests.
