Microsoft have released their latest quarterly results and from what I’m reading in the business press, is that the results are above the expectations of many analysts, who predicted a –4% drop but the +4% increase is a good result for Microsoft.
“Microsoft Corp. today announced quarterly revenue of $17.41 billion for the quarter ended Mar. 31, 2012, a 6% increase from the prior year period. Operating income was $6.37 billion, up 12% from the prior year period.
Net income and diluted earnings per share for the quarter were $5.11 billion and $0.60 per share, compared with $5.23 billion and $0.61 per share, respectively, in the prior year period. Prior year net income and diluted earnings per share included a $461 million or $0.05 per share tax benefit primarily related to a tax settlement with the U.S. Internal Revenue Service.”
The divisions within Microsoft that made a profit or loss are:
- Server and Tools +14%
- Business (Office 2010 likely helped here) +9%
- Windows and Live +4% (strong showing for Windows 7)
- Online Services +6%
- Entertainment & Devices (Xbox360, Windows Mobile) –16%
Read the full press release HERE at Microsoft News Centre