Microsoft Stock (MSFT) Up 7-8%
October 23rd, 2009 | by admin | 169 viewsAfter Earnings Release Drastically Outperforms Estimates
Microsoft’s stock (MSFT) shot up early this morning as it drastically outperformed earnings estimates in the 3rd quarter. This is largely due to the continued success of XBox 360 and Microsoft Office and despite the overall failure of Windows Vista.
Many investors will see the surprising strength of MSFT in the Q3 combined with the inevitable success of Windows 7 (based on great critical reception so far) as reason enough to jump on for the ride.
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