News Articles

Friday, January 28, 2011

Record quarterly revenue for Microsoft

Microsoft Corp has announced record second-quarter revenue of $19.95 billion for the three-month period that ended on 31st December. Operating income was $8.17 billion and net income was $6.63 billion.

Peter Klein, chief financial officer at Microsoft, said “We are enthusiastic about the consumer response to our holiday lineup of products, including the launch of Kinect. The 8 million units of Kinect sensors sold in just 60 days far exceeded our expectations. The pace of business spending, combined with strong consumer demand, led to another quarter of operating margin expansion and solid earnings per share growth.”

Sales of the Kinect sensor – and associated Xbox sales – drove a 55% growth in revenue for Microsoft’s Entertainment & Devices Division.

Print
Author: The Fonecast
0 Comments
Rate this article:
No rating

Categories: Operating systems, NewsNumber of views: 512

Tags: microsoft

Leave a comment

Name:
Email:
Comment:
CAPTCHA image
Enter the code shown above in the box below.
Add comment

Name:
Email:
Subject:
Message:
x

Follow thefonecast.com

Twitter @TheFonecast RSS podcast feed
Find us on Facebook Subscribe free via iTunes

Archive Calendar

«March 2017»
MonTueWedThuFriSatSun
272812345
6789101112
13141516171819
20212223242526
272829303112
3456789

Archive

Terms Of Use | Privacy Statement