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Is Microsoft Preparing a Big Attack?
http://www.themauritius.com/news/articles/24975/1/Is-Microsoft-Preparing-a-Big-Attack/Page1.html
The New York Times
 
By The New York Times
Published on April 30, 2006
 
SAN FRANCISCO— Microsoft reported strong third-quarter revenue growth on Thursday, but analysts said the company also telegraphed a significant increase in spending, an indication that it was preparing to take on its big online rivals, Google and Yahoo.

Revenue is accelerating for the year

The company reported a 13 percent increase in sales for the quarter, to $10.9 billion, and a 16 percent rise in net income, to $2.98 billion, or 31 cents a share, from $2.56 billion, or 28 cents, in the period a year earlier.

The chief financial officer for Microsoft, Chris Liddell, said: "Over all for the quarter, we are very happy with the continued market momentum we're seeing. Revenue is accelerating for the year."

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