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Microsoft Overcomes PC Sales Slide

wochit technology
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October 25, 2013 AT 9:21 AM
Thursday after the close Microsoft reported earnings. One conclusion from that jumps out from the report and the conference call is that Microsoft has overcome the so-called 'death of the PC.' Microsoft is generating about 70% of its profits from its commercial business that is growing at about a 10% rate. In spite of the PC sales trend against it and poor performance in the mobile sector, Microsoft's consumer and device revenues grew by 4% to $7.46 billion.