Software giant Microsoft beat analyst predictions after posting better than expected results for their latest financial quarter today, buoyed by a unexpected rise in sales of its Windows operating system, according to the latest figures reported by the Guardian.
Microsoft reported a new record high in revenue, at $17.41 billion, a 6 percent increase on last year. Profits fell however, to $5.11 billion or 60 cents a share, down slightly from $5.23 billion the previous year. The slightly lower profit margin is largely due to the Entertainment division reporting a loss of $229 million, in contrast to last year's profits of $210 million.
The Server and Tools division was the most profitable during the period, which saw revenues increase by 14 percent to $4.57 billion. Windows and Windows Live division grew four percent to $4.62 billion, with the firm pointing out that business sales were currently stronger than consumer sales. Software sales in its Business division, which includes the highly profitable Office software, rose by nine percent to $5.81 billion.
It wasn't all great success for the iconic American software firm though, with the Entertainment and Devices division, which contains both the Xbox 360 games console and its Windows Phone mobile OS groups reporting a slump of 16 percent for the period, down to just $1.62 billion. Microsoft says the currently weak games console market is to blame for the turnaround in revenue.
Despite not posting any financial results for its mobile OS, ongoing payments to Nokia and a recent charge of $250 million in marketing funds for Windows Phone certainly contributed to the drop.
Search engine money pit Bing continued to look a disaster with no clear profits in sight. Whilst recording a six percent increase in revenue to $707 million, the search engine group ultimately reported a loss of $479 million. It was however, better than the reported loss of $776 million it suffered during the same period last year.
"We're driving toward exciting launches across the entire company, while delivering strong financial results," said chief executive Steve Ballmer, during the announcing of the financial results.
The company did note that results in the same period a year ago were boosted by a $461 million tax benefit. Shares in Microsoft rose by three percent in after-hours trading to $31.94, up from their 4PM close of trading at $31.01 upon hearing the quarterly results.
The Nokia Lumia 900 is 11.4mm thickness and weight 159g, in the front you can find the 4.3-inch ClearBlack AMOLED display and in the back the 8 megapixel camera and its LED flash. Since there are no seams or doors there is no way to access the 1830mAh battery or increase the phone's 16GB internal storage with a microSD card.
The Nokia Lumia 800 measures a fairly compact 116.8mm x 61.2mm x 12.1mm (4.6in x 2.4in x .5in), it features 16GB of internal storage, but lacks a microSD memory card slot. The Nokia Lumia 800 runs on a single-core processor (1.4GHz). The Lumia 800 is capable of HSPA 14.4 3G data connections on the 900, 1900, and 2100MHz bands and also features Wi-Fi and Bluetooth support.
The Nokia Lumia 710 has a 3.7-inch, WVGA (480 x 800 pixel) display. It sports a 5 megapixel camera and LED flash, and a loud and clear external speaker. Like most Windows Phone 7.5 devices, the Lumia 710 does not support microSD cards. The Nokia Lumia 710 is powered with a 1.4GHz Qualcomm processor and 512MB of RAM. The Windows Phone interface gets out of your way easily, and apps are quick to open more often than not.
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