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Look for a strong day today from software giant Microsoft Corp. (NASDAQ: MSFT) after the company posted very strong fiscal first quarter earnings that shattered analyst estimates.

For its fiscal first quarter the company showed a profit surge of 23 percent, with a reported $4.29 billion in profit, and 45 cents per share for its stockholders. This easily beat out analyst estimates which had predicted to see the company come in with 39 cents a share.

During the quarter the bottom line was helped tremendously by the company’s gaming segment, with Halo 3 sales helping push the devision into the black with with a profit of $165 million. This is only the second time that the company’s Xbox division has been able to show a profit. During the quarter the company sold 1.8 million Xbox units in the quarter.

Following the earnings release after hours traders have pushed the stock up 9.6% to $35.05. The stock closed out Thursday’s session at $31.99.

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