Microsoft and Samsung both posted impressive third quarter results on Friday. Microsoft saw its revenue increase by 17 pc during the quarter with a profit of £3.2bn. Microsoft was boosted by sales of its Office software suite.
Samsung also posted solid third quarter results, achieving record quarterly profits. However the company warned of a slowdown in mobile phone sales growth due to increasing competition within the market.
Microsoft did not reveal any further details on who Steve Ballmer’s successor will be.