"Microsoft's third quarter results have beaten its own expectations, with a profit of $2.9bn on revenue of $9.19bn," reports CNet.
"Microsoft ended the quarter with $64.4bn in cash and short-term investments, compared with $60.6bn at the end of June.
"As it typically does, Microsoft also gave its forecast for the PC market, reiterating its expectation for slower growth in the coming year. The company said it expects 8 percent to 10 percent growth for its fiscal year, which ends in June, with business PC growth continuing to outpace that of consumer machines. On the server side, the company said it also [sees] things unchanged from July with an expectation of 13 percent to 15 percent growth."
