Redmond, Wash. – Jan. 27, 2011 – Microsoft Corp. today announced record second-quarter revenue of $19.95 billion for the quarter ended Dec. 31, 2010. Operating income, net income and diluted earnings per share for the quarter were $8.17 billion, $6.63 billion and $0.77 per share, respectively.
Prior year results reflect the recognition of $1.71 billion of deferred revenue relating to the Windows 7 Upgrade Option program and sales of Windows 7 before general availability in October 2009. Second-quarter growth rates for revenue and earnings per share were 5% and 4% respectively. Without the deferred recognition in the prior year, second-quarter growth rates for revenue and earnings per share were 15% and 28%, respectively.
LOL, I called my accountant a while back and told him to buy MS stock cause I knew they were coming back, he thought I was crazy, but I guess it seems to have been a good choice. I think MS has been making some good business decisions the last couple of years and I look forward to some great growth to come.