Microsoft profits rise 23%

MICROSOFT Corporation has reported a 23 per cent rise in profits after tax to $614 million (£377 million) for the three months…

MICROSOFT Corporation has reported a 23 per cent rise in profits after tax to $614 million (£377 million) for the three months to end September. Earnings per share rose to $0.95 from $0.78. The Washington-based company employs 800 people at its European operations centre in Dublin.

The increase was generated on a 14 per cent rise in revenue to $2.3 billion, reflecting an improvement in operating margins.

  • Join The Irish Times on WhatsApp and stay up to date

  • Sign up to the Business Today newsletter for the latest new and commentary in your inbox

  • Listen to Inside Business podcast for a look at business and economics from an Irish perspective