Thursday, October 24, 2013 7:40 pm
News Summary: Microsoft 1Q profit, sales top views
By The Associated Press
SURFACE GAINS: Microsoft's Surface tablets took in $400 million in revenue, the first figures the company has reported on the device. However, profitability in the segment housing Surface fell as the units are currently still sold at a loss.
SHARE ACTION: Wall Street welcomed the earnings beat, sending shares up almost 6 percent in extended trading.