Microsoft's First Quarter EPS Beats Estimates

First quarter revenue of 2.4 billion versus an estimate of 2.34, operating margin for the first quarter, 15.5% versus a 14%. PacW up about 18% after hours; Microsoft is up 4.7%; Google down 0.3%. What do we need to know? Bloomberg Intelligence's Mandy Grunberg and Carol Costello answer your questions on our "On a ragrana" show tonight at 10pm ET.