Microsoft Corp reported rise of 60%

Microsoft Corporation reported a rise of 60% in profits for the second quarter. The strong results were driven mainly by the recent release of the Windows 7 operating system and improved personal computer sales. Microsoft reported revenues of $19.02 billion. The company posted EPS of $0.74 compared to EPS of $0.47 for the same period last year. The reported earnings for the second quarter were ahead of analysts’ estimate of $0.59 per share. The result for the quarter included $1.7 billion in deferred revenue from previous quarters.