Microsoft Corp. has announced results for the third quarter of its financial year, the three months ending 31st March 2011.
Revenue reached $16.43 billion for the quarter, up 13% year-on-year, while operating income and net income were up 10% and 31% respectively.
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Motorola Mobility Holdings has released its first quarter results for 2011. Revenue was up 22% year-on-year to $3.0 billion, with the mobile devices part of the business generating $2.1 billion. It's still losing money but overall losses were down.
The company shipped 9.3 million mobile devices during the three month period, including 4.1 million smartphones and more than 250,000 XOOM tablets.
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Samsung Electronics has announced its results for the first quarter of 2011.
Revenue was up 7% year-on-year to 36.99 trillion Korean won, net income was down 30% to 2.78 trillion won and consolidated operating profit was 2.95 trillion won.
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Research In Motion has updated its 'financial guidance' for the current financial quarter that ends on 28th May 2011.
The company says earnings per share are likely to be lower than the figures previously forecasted.
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Mark Bridge writes:
We've had another short working week here in the UK... although not necessarily if you're working in retail. The reason for that shortness was a combination of Easter Monday and the Royal Wedding – an event that was rumoured to have its own mobile phone jammer.
As well as having another short week, we've also had another week of financial figures.
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