SEATTLE (AP) -- Microsoft Corp. said Thursday that its net income surged in the most recent quarter, the latest sign that businesses are again spending on technology.
Strong sales of Windows, particularly to Microsoft's corporate customers, and of Office 2010 helped boost results in the fiscal fourth quarter. Microsoft said it has sold more than 175 million licenses of the newest version, Windows 7, since it went on sale last year.
Big businesses stopped replacing aging computers, servers and software during the worst of the recession. Last quarter, the software maker said it saw signs that its corporate customers were starting to spend again.
For the April-June period, Microsoft's net income jumped 48 percent to $4.52 billion, or 51 cents per share, from $3.05 billion, or 34 cents per share, last year.
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Source: Yahoo Finance
