News Articles

Sunday, April 22, 2012

Record quarterly revenue for Microsoft

Microsoft Corp. has announced quarterly revenue of $17.41 billion (£10.8 billion) for the period that ended 31st March 2012, which is a 6% increase year-on-year. Operating income was $6.37 billion, up 12% from the same quarter in 2011. Net income was down slightly to $5.11 billion.

Steve Ballmer, chief executive officer at Microsoft, said “We’re driving toward exciting launches across the entire company, while delivering strong financial results. With the upcoming release of new Windows 8 PCs and tablets, the next version of Office, and a wide array of products and services for the enterprise and consumers, we will be delivering exceptional value to all our customers in the year ahead.”

The Server & Tools business posted $4.57 billion in third-quarter revenue, up 14%, while the Microsoft Business Division was up 9% to $5.81 billion. The Windows and Windows Live Division posted revenue of $4.62 billion, up 4% increase, and the Online Services Division reported a 6% revenue increase to $707 million.

However, the Entertainment & Devices Division posted revenue of $1.62 billion, a year-on-year decrease of 16% that was blamed on the gaming console market.

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

Categories: Operating systems, NewsNumber of views: 2914

Tags: gaming microsoft

Leave a comment

This form collects your name, email, IP address and content so that we can keep track of the comments placed on the website. For more info check our Privacy Policy and Terms Of Use where you will get more info on where, how and why we store your data.
Add comment

Follow thefonecast.com

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

Archive Calendar

«March 2024»
MonTueWedThuFriSatSun
26272829123
45678910
11121314151617
18192021222324
25262728293031
1234567

Archive

Terms Of Use | Privacy Statement