Impressive Microsoft Q1 results spark a technology sector rally

Microsoft produced impressive results in the company's Q1 earning announcement, yesterday where their share price surged some 5% higher, increasing US$ 2.66 at US$ 53.41.

The software giant that is the world's largest software company reported a profit of US$ 2.73bn (€2.74bn) or 50 cents a share, compared with US$1.28bn (€1.29bn), or 23 cents a share, one year ago.