Microsoft posts record quarter but says tablets have “cannibalized” netbooks
Despite weak consumer demand for PCs, <a href="http://www.networkworld.com/topics/ipv6.html">Microsoft</a> posted record first quarter revenue of $17.37 billion for the period that ended Sept. 30. This beat analysts' reported expectations of $17.2 billion. Revenue increased 7% percent over the year-ago period. Microsoft credited the increase to enterprise demand for Office, server and development tools.