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  • Microsoft Corp. (NASDAQ:MSFT) is Back in Action

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    Friday Oct. 29, 2010 at 08:34 am EST
    Microsoft Corp. (MSFT) earnings jumped 55% compared to last year  
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    Microsoft Inc. announced on Thursday record revenue of $16.20 billion for the quarter ending on Sep. 30, 2010, which is around 25% higher compared to the same period last year. Net income was $5.41 billion and earnings per share was $0.62 per share, which is around 51% and 55% higher respectively compared to the same period in year 2009. On October 18, 2010 Apple Inc. had announced its revenue of $20.34 billion with the net quarterly income of $4.31 billion for the quarter ending on September 25,2010.

    Shares of Microsoft Corp. (NASDAQ:MSFT) closed at $26.28 on Thursday at just below resistance level of $26.41. Support levels below are at $25.79, $25.28, $24.93, $24.18. Resistance levels for Microsoft Corp. (MSFT) above are $28.91, $29.37, $30.27, $31.33.
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