An 11% increase in Q1 profits and revenue at Microsoft Corp. was undercut by a loss in its online division as ad sales declined 4.4%.
The company posted a net profit of $3.5 billion for the first fiscal quarter of 2007 on revenue of $10.8 billion. Those figures compare to $9.7 billion in revenue and $3.1 billion in profits for the same quarter last year. Much of the growth was produced by sales of enterprise servers and Xbox 360 gaming consoles.
But ad revenue at Microsoft
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