| Home | News| Living in China| MMS | SMS | About us | Contact us|
   
 Language Tips > Business news
Updated: 2005-04-29 09:02
 
Microsoft quarterly profits jump
周四收盘後,软体业巨子微软(MSFT)宣布,第三财季净盈利较上年同期增长近一倍,营收增长4.9%。微软营收的涨幅不及华尔街的普遍预期。  

Microsoft quarterly profits jump
Software giant Microsoft is upbeat about its financial prospects

Microsoft has seen its quarterly profits almost double, boosted by strong demand for its server software and Xbox computer games console.

The world's biggest software company reported third-quarter net profits of $2.56bn (£1.3bn), up from $1.32bn at the same time last year.

However, Microsoft's sales during the three months to March did not fully match market expectations.

Revenue rose to $9.6bn - below analysts' forecasts for $9.8bn.

"Given our optimism about the future with our strong product pipeline and the growth opportunities from our investments in innovative products and services, we expect increased revenue growth in fiscal 2006," said Scott Di Valerio, Microsoft's corporate vice-president and controller.

Microsoft forecast fourth-quarter revenue of $10.1bn to $10.2bn, compared with Wall Street's target of $10.1bn.

The company's robust profits followed a warning from a European Union (EU) spokesman on Wednesday that Microsoft could incur additional fines unless it did more to stop abusing its dominant market position.

In March 2004, the EU found Microsoft guilty of preventing competition and fined the company 497m euros ($640m; £343m), ordering it to open up its core software systems to rivals.

The EU spokesman's comments came after a meeting between EU competition commissioner Neelie Kroes and Microsoft boss Steve Ballmer.

(BBC)

 

Vocabulary:
 

optimism: the optimistic feeling that all is going to turn out well(乐观)

incur : make oneself subject to; bring upon oneself(招致;惹起)

 

 
Go to Other Sections
Story Tools
Related Stories
· Starbucks higher on new outlets
· German growth outlook 'not good'
· Indonesia now a strategic partner
more
 
Copyright by chinadaily.com.cn. All rights reserved

版权声明:未经中国日报网站许可,任何人不得复制本栏目内容。如需转载请与本网站联系。
None of this material may be used for any commercial or public use. Reproduction in whole or in part without permission is prohibited.