Inside MSFT’s Results
MSFT reported earnings of $4.99 billion, or 61 cents per share, down from $5.66 billion, or 68 cents per share, last year. Analysts expected to see EPS of 51 cents.
Revenue increased 6% to $21.73 billion from $20.40 billion. Analysts expected to see revenue of $21.06 billion.
Weak PC Market
Microsoft’s better-than-expected results sent shares flying over 8% on Friday.
Mutual Funds to Watch
|VTSMX||Vanguard Total Stock Market Index||1.61%|
|VFINX||Vanguard 500 Index||1.14%|
|DODGX||Dodge & Cox||0.60%|
The Bottom Line
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