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Microsoft reports Q3 growth, CFO to step down

2013-04-19 08:53:00| Telecompaper Headlines

(Telecompaper) Microsoft reported revenue of USD 20.49 billion for its third fiscal quarter to 31 March, up 18 percent on USD 17.41 billion in the year-earlier period. Operating income grew by 19 percent to USD 7.61 billion from USD 6.37 billion. Net income reached USD 6.06 billion, compared with USD 5.11 billion a year earlier. EPS increased by 20 percent to USD 0.72 from USD 0.60. The group announced that its CFO, Peter Klein, will leave the company at the end of the fiscal year after nearly four years in the role and 11 years at the company. Microsoft will name a new CFO from its finance leadership team in the next several weeks.

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Microsoft Q3 profit rises 19%, CFO to depart

2013-04-19 02:00:00| Total Telecom industry news

Peter Klein announces 'strong' quarterly results, says he will step down this summer.

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Microsoft working on 'small touch devices' running Windows

2013-04-19 01:40:17| CNET News.com

Outgoing chief financial officer all but confirms rumors that Microsoft is developing a Windows 8-powered tablet. [Read more]    

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Google and Microsoft profits rise

2013-04-18 22:58:10| BBC News | Business | UK Edition

US technology giants Google and Microsoft, which compete in software and search engines, both report rising profits.

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Microsoft releases repair disk for botched KB 2823324 patch

2013-04-18 19:38:02| InfoWorld: Top News

If your machine comes up with blue screens of death (BSODs) after installing Microsoft's ill-fated K

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