Microsoft has posted a record high $16.2 billion revenue
with a profit of $5.41 billion for its fiscal 2011 first quarter ending September 30. That's an increase of 25% from the same period last year. "This was an exceptional quarter, combining solid enterprise growth and continued strong consumer demand for Office 2010, Windows 7, and Xbox 360 consoles and games," said Microsoft CFO Peter Klein. In fact, the company reported yearly growth across all business segments.
During the summer quarter, Microsoft saw a 15% growth in revenue from Office 2010, which hit stores in June
. Meanwhile, the Xbox 360 grew 38%, outselling competing consoles for four consecutive months, and Bing continued to gain ground -- not least because of Redmond's partnership with Yahoo
. Microsoft also noted that it witnessed a "healthy and sustaining business PC refresh cycle," with companies steadily adopting Windows 7, Office 2010 and other software products.