Microsoft reported quarterly results 2016-10-24 10:26:54

Microsoft published their quarterly report. Data was positive and the company gained 20,45 million dollars of income. Data was better than expected; numbers become the best index from 1999. The main part of income gained from new Microsoft product development; most of them are commercial products. Only one company’s subdivision do not make income so actively – Xbox development. Xbox is not selling well, so that is the problem, why Microsoft cannot be number one in all spheres. Quarterly results positively influenced on Microsoft stock growth.

For the past 24 hours, Microsoft stock increased by 4,8%. This is a great growing trend for traders. Trading will be available during American session, from 14:40 to 21:00 GMT.

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