#PreMarket Primer: Friday, October 25: Microsoft Earnings Surpass Expectations
October 25, 2013 at 06:53 AM EDT
Microsoft’s earnings reports outpaced expectations on Thursday, due in large part to sales of the company’s Office and server software. The company’s revenue rose 16 percent and profit was up 17 percent to $0.62 cents per share. Microsoft’s positive earnings indicated the company’s wide scale reorganization has shifted their focus