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Microsoft Q2 Revenue 2pct Up On Prior Year, Income Declines

9:05 pm on Jan 22, 2009 (gmt 0)

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Press release [microsoft.com]:
Microsoft Corp. today announced revenue of $16.63 billion for the second quarter ended Dec. 31, 2008, a 2% increase over the same period of the prior year. Operating income, net income and diluted earnings per share for the quarter were $5.94 billion, $4.17 billion and $0.47, declines of 8%, 11% and 6%, respectively, compared with the prior year. “While we are not immune to the effects of the economy, I am confident in the strength of our product portfolio and soundness of our approach,” said Steve Ballmer, chief executive officer at Microsoft. “We will continue to manage expenses and invest in long-term opportunities to deliver value to customers and shareholders, and we will emerge an even stronger industry leader than we are today.”

[edited by: encyclo at 1:21 am (utc) on Jan. 23, 2009]

5:27 pm on Jan 23, 2009 (gmt 0)

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those profit drops have to be due to all those ad buys i see everywhere; i can't get off the subway without a skater explaining to me why he's not pc.

[edited by: bill at 11:44 pm (utc) on Jan. 23, 2009]
[edit reason] fixed per OP request [/edit]