Microsoft (MSFT) - Get Microsoft Corporation (MSFT) Report was up 6.9% in preopen Instinet trading after the software giant said late Wednesday that fourth-quarter revenue would be $6.5 billion to $6.6 billion, up from the previous estimate of $6.3 billion to $6.5 billion.

The company said it would record $2.6 billion in investment losses in the quarter, bringing earnings down to 1 cent a share.

TheStreet Recommends