|29 Oct 2010||#1|
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MS Readies for the Cloud
Microsoft's latest earnings report shows the company is moving in the right direction as it adapts to a post-PC world.
The software maker on Thursday reported that profit soared 51% year over year in the quarter ended Sept. 30, to $5.4 billion, on revenue that grew 25%, to $16.2 billion. Microsoft's stellar performance was driven by its long-time workhorses Office and Windows, which dominate their respective markets.
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