Microsoft Shares up on Profit Jump

By
Oct 29 2010
Microsoft Shares up on Profit Jump

Microsoft Shares up on Profit Jump - Image via Wikipedia

Shares in software giant Microsoft were on the rise as the company announced a 52% increase in profits.

The company has said that this increase is linked to the new products and services offered in the past year as well as the increase in exploration of new business opportunities.

Many of the expectations over Microsoft were beaten when the profit report was released. The increase shows that new products from the software giant are working in the industry. They have worked hard in the past year to regain customers lost over the failure of the Windows Vista operating system.

This month was the first anniversary of the Windows 7 release, the operating system that has breathed new life into Microsoft. They also released the popular Windows Phone 7, an operating system used exclusively for the mobile market.

A recent push to increase profits has helped change the internal structure of the company. New innovations are being released sooner, giving the company rise without a long delay.

The impending release of their newest operating system, Windows 8 has also helped fuel the increase in per share prices for the company overall. However, the company has denied the allegations after their Dutch division leaked a document on a social networking site.

With the improved structure Microsoft appears to be a safe bet for investors. Share prices rallied today, making it an easy buy. The release of the new Office edition has also helped the share prices.

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