Microsoft Profits Up
Microsoft Profits Up!
Microsoft reported their fiscal first-quarter profit where up seating at 2 percent. This is great news for software giant Microsoft. And it’s also great news for the economy. This shows signs that businesses are still showing profits in real bad times. The only bad thing about their profit is that Wall Street was expecting much more. I say, who cares what Wall Street was expecting, you showed a profit. In order for Microsoft to increase their profits for next quarter they will slow down with the hiring. They won’t be replacing retirees just yet. And I read they will cut back on their advertising. To me that sounds like a pretty good idea, this way there will be no layoffs. Now let hope for some other big companies out there to start showing some good quarter results. The more companies show positive results the stock market will bounce back.
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