Microsoft capped one of the more tumultuous quarters in its corporate history handily beating earnings and sales estimates for its 2014 fiscal first quarter.
With Wall Street looking for 54 cents per share, the company came in at 62 cents per share as Microsoft posted net income of $5.24 billion for the three-month period ended September 30. Ditto on the revenue side, with the company's $18.5 billion in sales besting the $17.8 billion consensus estimate.
In after hours trading, shares shot up more than 6 percent.
"Our devices and services transformation is progressing and we … Read more