Microsoft posts an 11% improvement in its profits

Software giant Microsoft has come out with their quarterly revenue reports and the company has posted an 11% improvement in profits.

Microsoft has gained from improved sales in their database division. They also gained from decreasing losses at their Xbox division.

The company also added that it will defer revenue of $1.5 billion related to the upcoming launches of a new Office software suite and Windows Vista.

The company is due to launch updates to two of their most important products in the coming months. And to help the consumers they have just announced a coupon program so that they get cheaper or free upgrades to the new versions when they are launched.