TechnologyAccounting SoftwareIT news in brief

IT news in brief

Despite the economic downturn Microsoft's fourth-quarter profit has increased.

For the quarter ending 30 June, the company had profits of $1.53bn, or 28 cents per share, compared with $65m, or one cent a share, in the same period last year. Revenues for the quarter were $7.25bn, a 10% increase from last year.

Microsoft’s chief financial officer, John Connors, said the reason for the growth was the sales of the Windows XP operating system and other desktop computer software.

JD Edwards has released the latest version of Demand Planning, its package designed to meet the needs of companies with tough forecasting environments. The package leverages technology from Demantra, a Massachusetts-based provider of supply chain software. The new package attempts to help businesses improve supply chain predictability, reduce inventories, avoid stock outs, lower production costs and improve overall customer satisfaction.

PC maker Gateway has been forced to pay damages of more than $3.6m after giving out another company’s toll-free telephone number instead of its own. The number belonged to Mo’ Money, which manufactures and distributes promotional items with company logos, including T-shirts and caps.

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