Microsoft Profit Dips On Charges, While Sales Jump

Microsoft said on Thursday fiscal first-quarter profit fell 13 percent as it took a $1.1 billion charge related to mass layoffs announced in July. The world's largest software company reported profit of $4.5 billion, or 54 cents per share, compared with $5.2 billion, or 62 cents per share, in the year-ago quarter. Revenue rose 25 percent to $23.2 billion, helped by the phone business it bought from Nokia in April, easily beating analysts' average estimate of $22 billion.

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Pencils of Promise

Pencils of Promise (PoP) is an international education non-profit organization. PoP believes every child should have access to quality education, and creates schools, programs, and global communities around the common goal of education for all. Since its founding in October 2008, Pencils of Promise has broken ground on over 300 schools in Guatemala, Ghana, Laos and Nicaragua and has provided quality education to over 30,000 children living in these areas. Pencils of Promise was founded with $25 by Adam Braun, using what he describes as a “For-Purpose” approach blending non-profit idealism with for-profit business principles. PoP works with the local communities to build schools, train teachers and provide student scholarships to girls in particular. Through social media and a network of passionate supporters creating fundraising campaigns through http://PencilsofPromise.org, we seek to change the way that education is delivered to children around the world.

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video | May 25, 2023

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Spotlight

Pencils of Promise

Pencils of Promise (PoP) is an international education non-profit organization. PoP believes every child should have access to quality education, and creates schools, programs, and global communities around the common goal of education for all. Since its founding in October 2008, Pencils of Promise has broken ground on over 300 schools in Guatemala, Ghana, Laos and Nicaragua and has provided quality education to over 30,000 children living in these areas. Pencils of Promise was founded with $25 by Adam Braun, using what he describes as a “For-Purpose” approach blending non-profit idealism with for-profit business principles. PoP works with the local communities to build schools, train teachers and provide student scholarships to girls in particular. Through social media and a network of passionate supporters creating fundraising campaigns through http://PencilsofPromise.org, we seek to change the way that education is delivered to children around the world.

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