Friday, July 23, 2010

Microsoft has a record Quarter, 4% increase in Dynamics Revenue

About 175 million licenses of Window 7 have been sold since the product was released last year, making it the fastest selling version of Windows.

Microsoft’s revenue total of $16.04 billion surpassed the $15.27 billion predicted by analysts surveyed by Thomson Reuters and arrived on 22 percent sales growth.

In addition, Microsoft posted a 48 percent rise in net income to $4.52 billion, or 51 cents a share, from the $3.05 billion, or 34 cents a share in the comparable period last year. Analysts had expected earnings of 46 cents a share.

See Microsoft's official statement here.

For the three months ended June 30, 2010, Business revenue increased $326 million or 8%, primarily reflecting licensing of the 2010 Microsoft Office system to transactional business customers, growth in multi-year licensing revenue and a 4% increase in Microsoft Dynamics revenue.

News Coverage :

Windows Upgrade Helps Microsoft to a Record Quarter : http://www.nytimes.com/2010/07/23/technology/23soft.html?_r=1&src=busln

Microsoft profits hit $4.5bn on Windows 7 sales : http://www.bbc.co.uk/news/business-10733851

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