Microsoft (NASDAQ:MSFT) reported quarterly earnings of $2.99 per share. This is a 27.23 percent increase over earnings of $2.35 per share from the same period last year. The company reported quarterly sales of $56.50 billion which beat the analyst consensus estimate of $51.40 billion by 9.92 percent. This is a 12.72 percent increase over sales of $50.12 billion the same period last year.