Financial Times FT.com

Microsoft results offer hope to tech sector

By Richard Waters in San Francisco

Published: October 23 2008 22:12 | Last updated: October 23 2008 22:12

Microsoft has so far weathered the economic downturn better than expected, with sales in the three months to the end of September topping Wall Street estimates, according to figures released on Thursday.

The figures reflect the relative strength shown recently by other diversified technology companies with global reach, such as IBM, which have been able to offset weakness in the US with growth in other markets.

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