Microsoft Reports Record Q4 Revenue of $17.37 Billion

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Microsoft Reports Record Q4 Revenue of $17.37 Billion [microsoft.com]

Microsoft Corp. today announced record fourth-quarter revenue of $17.37 billion for the quarter ended June 30, 2011, an 8% increase from the same period of the prior year. Operating income, net income, and diluted earnings per share for the quarter were $6.17 billion, $5.87 billion, and $0.69 per share, which represented increases of 4%, 30%, and 35%, respectively, when compared with the prior year period.

For the fiscal year ended June 30, 2011, Microsoft reported record revenue of $69.94 billion, a 12% increase from the prior year. Operating income, net income, and diluted earnings per share for the year were $27.16 billion, $23.15 billion, and $2.69, which represented increases of 13%, 23%, and 28%, respectively, when compared with the prior year.

“Throughout fiscal 2011, we delivered to market a strong lineup of products and services which translated into double-digit revenue growth, and operating margin expansion,” said Peter Klein, chief financial officer at Microsoft. “Our platform and cloud investments position us for long-term growth.”

Online Services Division revenue grew 17% for the fourth quarter and 15% for the full year, primarily driven by increases in search revenue. Bing's U.S. search share increased 340 basis points year-over-year to 14.4% this quarter. Microsoft also released new features that incorporate the Facebook social graph to help users make better decisions based on their social connections.

[superclown2]

It seems that Bing lost money in Europe however. Apparently they spent a fortune on advertising that didn't work.

I thought that running a search engine was a licence to print money <G>?

[J_RaD]

MS won't be able to get away with googs tactics.

[tigger]

It seems that Bing lost money in Europe however. Apparently they spent a fortune on advertising that didn't work.

the lemmings Oops surfers in the UK all jump straight to G - its really quite painful to hear how the UK assume G is the internet - Bing is going to have a massive struggle to get that mindset away

[whoisgregg]

Bing's U.S. search share increased 340 basis points year-over-year

I was really impressed until Wikipedia enlightened me that a basis point is 1/100th of a percentage point.

[nomis5]

Yes the UK is mucking up Microsoft as far as Bing is concerned and the same goes for Europe to a lesser degree. And this European market is huge, massive.

The problem, or maybe the reality, is that the US is missing the point, it's not about Google, it's about Microsoft. In the UK Microsoft is the equivalent of the devil. And don't forget that Microsoft dwarfs Google financially. So, the name Microsoft in the UK is a big turn off. The UK always supports the small guy (whatever their particular market share of search) and Microsoft is historically bad here, Google to us is neutral.

I'm from the UK and I desperately want competition to Google but definitely never, ever from the likes of Microsoft. If they win the search market they have everything. And for the record, leave out the huge recent Apple profits - three years into the future and they will be in serious decline.

[Sgt_Kickaxe]

I think they'll top 20B next quarter thanks to the ads they are mixing into natural search results, and I mean right in there. The ads look like results a little more than I'm comfortable seeing.

Someone needs to invent a system that bypasses current search engines and brings websites to the visitors who want to see them. The search engines are making more money from the word of webmasters than most webmasters earn from their own sites and that's not right.

[J_RaD]

In the UK Microsoft is the equivalent of the devil.

huh, did the UK get stuck in a 1996 time warp?


Someone needs to educate them on the evil goog is doing online.

[flashdash]

Ballmer is showing signs of relief. He gets an overtime from the board of directors :)

[StoutFiles]

Why's everyone talking about Bing? Bing isn't supposed to make them money, just collect information.

All their profits are in Windows and the Xbox. If they could start using the info they've gathered with Bing and make a good AdSense/AdWords competitor, that didn't take such a huge middleman share, they could really rake in the dough and weaken their main competitor.

[np2003]

Amazing.

Microsoft makes $50 billion gross profit/year but the markets value it at $236 billion, whilst Apple makes $25 billion and is valued at $373 billion. Second only to Exxon Mobil.