.... one of my favorite set-ups is BUYING the first PULL-BACK from the BREAKOUT.
(see purple line support)
THE CATALYSTS:
1) Windows Phone 7 (UI)
2) OFFICE 365 (cloud)
3) ZUNE rebirth (app store)
4) Embedded automotive platform
5) X-BOX Kinect
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MacroHard has the "social gaming" arena locked up with XBOX achievements. "like"
Microsoft profit jumped 51 percent year over year and recorded record first-quarter revenue during Q1 of its fiscal year 2011, the company said today, killing Wall Street estimates as skepticism surrounded Microsoft's cash cows.
Net income skyrocketed from $3.57 billion in Q1FY10 to $5.41 billion in the quarter ended Sept. 30, launched by strong sales of Windows 7 and Office 2010. Q1 was the first full quarter to include Office 2010 since its launch at the beginning of summer.
Earnings per share were 63 cents, eclipsing the Wall Street consensus estimate of 55 cents.
Quarterly revenue rose by 25 percent over the year-ago period to $16.2 billion, up from $12.9 billion in Q1 FY10. Microsoft handily beat the Street's expectation of $15.8 billion.
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