United States
Microsoft has registered a six percent increase in 3 month profits. The firm whispered net earnings for the 3 months to the end of Sept. 30 came in at $5.74 billion compared with $5.41 billion in the same time frame past year. The results had been assisted by strong sales of its Office software and a little rise in sales of Windows operating systems. Microsoft registered record quarterly earnings of $17.4 billion.
eBay the online auction website has registered a 14% rise in 3rd quarter profits. Net earnings for the 3 months to the end of September 30th came in at $491million, up from $432 million in the similar time frame previous year.
Yahoo's quarterly profit dropped by 26 percent as it struggled to enhance earnings from online ads. Net profits in the 3rd quarter had been $296 million compared with $396 million in the course of the similar period previous year.
Industrial production of the US grew in the month of September as increasing factory productivity made up for declining productivity from utilities. The Federal Reserve whispered production in industries grew by 0.2 percent in the month, having been unaffected in August.
IBM shares chop down more than three percent in after-hours trading in New York on unsatisfactory 3rdquarter profits. Quarterly net income was $3.8 billion up by seven percent from the similar time frame in year 2010, but the increase hardly met Wall Street predictions.
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