text: Microsoft Profit, Revenue Rise  SEATTLE (Reuters) - Microsoft Corp. &lt;A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=MSFT.O target=/stocks/quickinfo/fullquote"&gt;MSFT.O&lt;/A&gt;on Thursday  said its quarterly profit climbed as revenue rose 12 percent,  but its shares fell as investors failed to account for the  effect of the expensing of stock-based compensation in  assessing the earnings.