Microsoft quarter results beat expectations

Microsoft logoMicrosoft 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

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