REDMOND, Wash. -
Microsoft's quarterly profit rose 2 percent. The company says it was buoyed through economic uncertainty by corporate customers that renewed licenses for servers and other business programs.
The world's largest software maker said Thursday it earned $4.37 billion, or 48 cents per share, in the most recent quarter. Sales rose 9 percent to $15.1 billion.
That was better than Wall Street was expecting. Thomson Reuters says analysts predicted Microsoft (nasdaq: MSFT - news - people ) would earn 47 cents per share on $14.8 billion in sales.
In the current quarter, Microsoft says it plans to earn 51 cents to 53 cents per share on sales of $17.3 billion to $17.8 billion. That's less than what analysts are currently expecting.
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