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Microsoft shares hit a five year high despite lagging PC sales shares were up 28% from growth in the company's online software business.
Several other factors that played a role in the boost excitement over Microsoft's video games the strong market and -- -- stable cash flow.
This team didn't come of -- disappointments.
The release of windows eight -- just before market research firm IDC reported a sharp drop in worldwide PC sales.
There's a 14% decline in the first quarter of global PC shipments compared to last year that's -- lowest number since 1994.
And because of the decline -- PC sales Microsoft is shifting its focus on line to make some money -- 70% of revenue -- nearly 90% of operating profit from -- online software business the companies now focusing on an online cloud that allows users to -- work without downloading software to a device to keep up with the excitement in the gaming world and boost profits new reports -- Microsoft will unveil the next Xbox gaming console before the holiday season the five -- -- not only gave the company boost but also -- Microsoft's co-founder Bill Gates to the top of the list of the world's richest people -- -- -- foxbusiness.com for more in New -- I'm Tracy --
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