Microsoft reports solid quarter, Windows revenue up 28%

Status
Not open for further replies.

Matthew DeCarlo

Posts: 5,271   +104
Staff

Microsoft has joined the lengthy list of technology companies to report growth for the recently closed quarter. Redmond announced revenue of $14.5 billion for the period ending March 31, a 6% increase on-year. In the same quarter, operating income, net income and diluted earnings per share totaled $5.17 billion, $4.01 billion, and $0.45, up 17%, 35%, and 36%.

The software company's healthy quarter was surely thanks in part to Windows 7, which has been wildly popular since its launch last October -- especially now that businesses are starting to refresh their desktops. More than 10% of PCs worldwide are already running Windows 7, making it the fastest-selling operating system in history, and unsurprisingly, Windows revenue climbed 28% year-over-year.

It wasn't all about Windows 7, though. Microsoft CFO Peter Klein said the company witnessed strong growth in other areas, such as Bing search, Xbox Live, and its emerging cloud services.

Permalink to story.

 
Status
Not open for further replies.
Back