Posted: Friday, October 24, 2014 12:12 PM ET
By: Julian Close
Microsoft (MSFT) reported its third quarter earnings after the market closed on Thursday. The numbers were good, perhaps even a bit better than good. The hoary technology megalith reported earning $0.54 per share for the quarter, beating the consensus estimate of $0.48 by 12.5%. That's not something $377 billion companies do very often.
The earnings win is particularly impressive because the money is coming from Microsoft's growing penetration of three key markets: cloud computing, gaming (consoles and software) and mobile / tablet... Read More