Microsoft's (NASDAQ:MSFT) EPS Estimates Raised on Kinect Sales

Goldman Sachs (NYSE:GS) raised their EPS estimates on Microsoft (NASDAQ:MSFT) for 2011 through 2013, based on their higher-than-expected sales of Kinect.

Microsoft's full year 2011 through 2013 EPS estimates were boosted from $2.42, $2.67 and $2.95 to $2.45, $2.68 and $2.96.

Goldman also noted the announcement about Windows 8 is a push in the right direction for the software giant.

The recent flow of executives out of Microsoft seems to point to the lack of traction with Azure.

Goldman maintains their "Neutral" rating on Microsoft, which was trading at $28.52, up $0.41, or 1.46 percent, as of 12:31 PM EST.