personal computers

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In the face of a steadily declining market for personal computers, Microsoft succeeded in boosting both revenue and profit in the most recent quarter, coming in ahead of analyst estimates. 

Sales climbed 14 percent to $24.5 billion in the quarter ended Dec. 31, and net income rose 2.8 percent to $6.6 billion, or 78 cents a share. The consensus estimate of analysts was 69 cents a share, according to Bloomberg. 

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Microsoft says sales rose about 3 percent in its most recent quarter. But analysts say the company still has to contend with a slowing market for personal computers.