"Microsoft Corp. profits, boosted by an 'awesome' demand for
personal computers, jumped 30 percent last quarter, easily beating
expectations... The world's biggest software company posted net
income of US$2.19 billion, or 40 cents per diluted share, for its
fiscal first quarter ended 30 September, up from $1.68 billion or
31 cents a share a year earlier. Revenues rose 28 percent to $5.38
billion from $4.19 billion."
"In a news release headlined with a reference to 'Awesome PC
Demand,' Redmond's chief financial officer, Greg Maffei, credited
strong corporate demand for the Office 2000 upgrade package, as
well as the Windows NT Server system and BackOffice network
'It does not appear that Y2K had a significant impact on
results,' he said, referring to concerns about a slowdown ahead of
the year-end date changeover."
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