Microsoft reports profit growth, beats earnings estimates

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David Gumpert

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Microsoft announced increases in revenue, operating income, and net income in the quarter ended March 31, 2013, beating Wall Street's average estimate of 68 cents per share by delivering 72 cents.

The Microsoft Business Division (MBD) posted $6.32 billion of revenue, an 8% increase from the prior year period. During the quarter, Microsoft launched the new Office 2013.

MBD reported a 13% increase in Microsoft Dynamics revenue in the quarter compared with the quarter ended March 31, 2012. And Dynamics saw an 11% revenue increase in Dynamics revenue for the last nine months compared with the previous year. Last quarter, Dynam...

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