News
Microsoft reported a quarterly profit and revenue that soared as compared to last year profits. This was a result of the sales of the company’s latest operating system, Windows 7. The news came as a boost for the software giants whose stock rose about 0.6% in the after hours trading, after it had slided 2% during the regular trading hours.
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Microsoft Post High Profits
Google Sales Surge 17% Quarter
Google reported quarterly sales in double digits for the first time in the year. Google is in a turbulent confrontation with China, but the online advertising business of the company is in full flow driving Google far ahead of its rivals.
Amazon Reports Rise In Earnings
Amazon.com shares surged after the annual profits of the online retailer soared 42%. This was against the expectations of Wall Street and showed that even in the shaky economy the consumers were comfortable in spending some money through online shopping.
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