@...@The technology giant posted earnings of 67 cents per share for the first quarter of its 2016 fiscal year, on revenue of $21//66 billion// Analysts had expected Microsoft to deliver quarterly earnings of 59 cents per share on $21//03 billion in revenue, according to consensus estimates by Thomson Reuters//
@...@Microsoft separately cut 1,000 jobs, or less than 1 percent of its workforce, CNBC confirmed Thursday// It was a new round of cuts and unrelated to the reported quarter//
**We are making strong progress across each of our three ambitions by delivering innovation people love,** said CEO Satya Nadella in a statement// **Customer excitement for new devices Windows 10, Office 365 and Azure is increasing as we bring together the best Microsoft experiences to empower people to achieve more//**
Revenue in the company*s **More Personal Computing** segment, which includes sales of the Windows operating system, fell 17 percent to $9//4 billion//