Microsoft Corp. today announced record third-quarter revenue of $14.50 billion for the quarter ended Mar. 31, 2010, a 6% increase from the same period of the prior year. Operating income, net income and diluted earnings per share for the quarter were $5.17 billion, $4.01 billion and $0.45 per share, which represented increases of 17%, 35% and 36%, respectively, when compared with the prior year period.
The results include the deferral of $305 million of revenue relating to the Microsoft Office 2010 Technology Guarantee program. Adjusting for the revenue deferral, third-quarter revenue totaled $14.81 billion, an increase of 8% over the prior year period.
“Windows 7 continues to be a growth engine, but we also saw strong growth in other areas like Bing search, Xbox LIVE and our emerging cloud services,” said Peter Klein, chief financial officer at Microsoft. “Our record third-quarter revenue along with continued rigor on cost management resulted in exceptional EPS growth.”
Msg#: 4120457 posted 7:02 am on Apr 23, 2010 (gmt 0)
I think they will be pleased with this - a lot of companies won't have done any upgrades durig that period as end of financial year and "wait and see" on the success of Windows 7 - their lot looks quite promising for next two quarters.
I think I read that Online division making more money - but losing more too.... but that will no doubt change over the coming quarters.
Wish I had bought in when they dipped down to around $19....