|Microsoft 2Q Profits $4.7 Billion, Up 30PCT|
| 10:56 pm on Jan 24, 2008 (gmt 0)|
|Microsoft reported a rise in quarterly profit on Thursday, boosted by strong sales of its Windows operating system, and the company raised its full-year profit outlook, sending its shares up 4 percent. |
The world's largest software maker said net profit in its fiscal second quarter rose to $4.7 billion, or 50 cents per diluted share, from $2.6 billion, or 26 cents per diluted share, in the year-ago period. Revenue rose 30 percent to $16.37 billion.
Microsoft 2Q Profits $4.7 Billion, Up 30PCT [reuters.com]
| 11:23 pm on Jan 24, 2008 (gmt 0)|
not bad... vista seems to be selling ok, so...
| 12:53 am on Jan 25, 2008 (gmt 0)|
"They continue seeing the business being healthy for the remainder of the fiscal year."
a cash cow. and that is while still being a distant third on search and ads.
| 4:58 am on Jan 25, 2008 (gmt 0)|
Not really much of a surprise here, new OS, new Office, new Visual Studio etc..
| 11:53 am on Jan 25, 2008 (gmt 0)|
Revenue from "Online Services Business", which I assume is search engine and such, increased from $625 million to $863 million. This is a good 38% jump.
On the other hand Google is likely to report revenues of $3.44 billion in last qtr. So MSN is not as far behind Google as we like to assume.
| 5:06 pm on Jan 25, 2008 (gmt 0)|
What bodes well is the CE division remained in the black, last quarters profit wasn't a fluke as so many industry analysts portrayed.
Zune & Xbox appear to be turning some cash in ;)
| 1:13 am on Feb 1, 2008 (gmt 0)|
Not bad for Microsoft. But still money is easy for Google. Billions of dollars of profit from online advertising alone.