posted by Thom Holwerda on Thu 22nd Apr 2010 22:51 UTC
"With much easier comparisons from a devastating period last year and an upswing in PC sales, Microsoft posted solid third-quarter earnings today after the markets closed. The Redmond, Wash.-based software giant said it had revenue of $14.5 billion in the quarter ended March 31, a six percent rise from a year ago. Net income was $4.01 billion, or 45 cents a share. That's despite forking over $78 million to Yahoo in the quarter, as part of its online search and advertising partnership with Yahoo. That handily beat Wall Street expectations of $14.4 billion and 42 cents a share."