Recent product releases are still paying dividends for Microsoft. The company just reported third quarter revenue of $14.5 billion, with $4 billion in net income.
Microsoft saw growth across the board. Revenue, at $14.5 billion, was up 6% year over year. The $4 billion reported net income was a large 35% year over year gain. This raised earnings per share to $0.45, an even higher 36% increase.
The company pointed to Windows 7 as a major factor in the successful quarter, “Windows 7 continues to be a growth engine,” Microsoft said. Although the top line was strong, large increases in profitability are in part due to “continued rigor on cost management.”
According to the Microsoft press release, some 10% of the world’s PCs are now running Windows 7, driving total Windows revenue up 28% year over year. This makes Windows 7 the fastest selling operating system of all time.
While Windows 7 was important, Microsoft “also saw strong growth in other areas like Bing search, Xbox LIVE and [their] emerging cloud services.” In short, across the board Microsoft, like Apple and others, killed it.
What is the driving force behind this great quarter for technology? It seems to be rising general demand coupled to blockbuster products that continue to impress and woo customers who might still have tight wallets.
The financial markets are closed; Microsoft shares were up an inconsequential amount on the day before the earnings were released.
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The consort has responded aggressively by agitated to launch its Windows Mobile Phone 7 Series handsets later this year. It also won clearance from regulators
Hi Friend's, I have read the post which is really important and interesting for Everyone Becauss you have shayring a nice and Important information realted Windows 7 is a Amazing and Wonderful. Currently i have using Windows 7. Nice Post.
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I like windows 7 but i still prefer xp. Think i will downgrade this weekend.
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This post which is really important and interesting for Everyone b’coz you have shayring a nice and important information realted Windows 7 is a Amazing and Wonderful
Windows 7 continues to be a growth engine. It seems to be rising general demand coupled to blockbuster product(Windows 7) that continue to impress. And no doubt that Windows 7 the fastest selling operating system of all time.
Almost a year after the operating system’s release, we can look back to see just how well it did — and the numbers look good. A Microsoft exec revealed to Bott this past spring that it had sold 100 million Windows 7 licenses, and that number jumped to 175 million in a July quarterly earnings call. The company expects to sell 350 licenses by the end of the year — or about 30 million copies per month globally.congrats