Microsoft Corp. posted a 65 percent rise in quarterly profit Thursday, topping Wall Street estimates thanks to better than expected demand for its new Windows Vista operating system. Shares of Microsoft (Charts, Fortune 500) rose 5 percent after the announcement, in which the world’s biggest software company also forecast 2008 profit at the midpoint of a range of analyst estimates.
I’m not sure whether to be surprised by this, or impressed. These are serious profits compared to this time last year. Is Vista really catching on that fast?
Source: CNN Money