BusinessCompany NewsMicrosoft posts profit increase

Microsoft posts profit increase

Microsoft has announced an 11% rise in profits.

LinkMicrosoft boss promises greater accountability

The world’s largest maker of computer software saw profits rise to £1.6bn in the three months to September, from £1.4bn the year before.

Sales also rose in the same period, to just over £5bn.

However, Microsoft said its plan to offer bonuses based on stocks, rather than stock options, had impacted on profits.

And it warned that growth in the future was set to be steady rather than spectacular.

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