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Microsoft Posts Record Q1 Revenue of $16.20 Bn.

While some people may think that Microsoft has no consumer mojo, investors should be fairly happy at whatever's going on there at Redmond, as the world's largest software maker today announced a record first-quarter revenue of $16.20 billion for the quarter ended Sept. 30, 2010, a 25 percent increase from the same period of the prior year.

Operating income, net income and diluted earnings per share for the quarter were $7.12 billion, $5.41 billion and $0.62 per share, which represented increases of 59, 51 and 55 percent, respectively, when compared with the prior year period.

“This was an exceptional quarter, combining solid enterprise growth and continued strong consumer demand for Office 2010, Windows 7, and Xbox 360 consoles and games,” said Peter Klein, chief financial officer at Microsoft. “Our ability to grow revenue while continuing to control costs allowed us to deliver another quarter of year-over-year margin expansion.”

Microsoft made four points at what helped it achieve a new record:

·  Office 2010 is off to a fast start with revenue growing over 15% in its first full quarter in market.

·  Microsoft continues to see a healthy and sustaining business PC refresh cycle.

·  Xbox 360 consoles grew 38%, outselling every competing console in the U.S. for each of the past four months.

·  For yet another quarter, Bing continued to grow market share, while achieving major milestones in implementing Microsoft’s partnership with Yahoo.

Can we get some Steve Ballmer whoop whoop in here?

  • Shez
    Hey, remember this headline from JUST yesterday "Is Microsoft Really a Dying Consumer Brand?". I think the question has been answered.
    Reply
  • jdamon113
    Now Microsoft, let do something awesome with the money.
    Buy Nvidia = or a small country!!!!
    Reply
  • randomizer
    It's sad to see Office 2010 doing well. I thought it was an ok, if unnecessary incremental update to 2007, until I discovered that Microsoft had the nerve to include in this office suite the ability to alter Windows service configurations. I have no intention of purchasing simple productivity software that decides that it knows how best to configure my system.
    Reply
  • victorintelr
    ShezHey, remember this headline from JUST yesterday "Is Microsoft Really a Dying Consumer Brand?". I think the question has been answered.
    There it goes CNN's statement...
    Reply
  • Drag0nR1der
    randomizerIt's sad to see Office 2010 doing well. I thought it was an ok, if unnecessary incremental update to 2007, until I discovered that Microsoft had the nerve to include in this office suite the ability to alter Windows service configurations. I have no intention of purchasing simple productivity software that decides that it knows how best to configure my system.
    Heaven forbid that a MS product should configure another MS product for optimal performance together....

    I think though, that 2010 is doing so well simply because 2007 didn't really catch on in offices, with a lot of them sticking to 2003 because of the changes in the layout and operation of the program's UI. Now office 2003 is so dated as a product the switch t oa new interface seems somehow less of a reason to put off updating.
    Reply
  • victorintelr
    ShezHey, remember this headline from JUST yesterday "Is Microsoft Really a Dying Consumer Brand?". I think the question has been answered.
    There is goes CNN's statement...down the toilet.
    Reply
  • bustapr
    I think Microsoft just buttraped CNN...
    Reply
  • thearm
    But, their supposed to be a dying computer brand : /
    Reply
  • spentshells
    looks like however they were dying was cured....must be stem cells
    that should give cnn something else to be completely out of the loop on
    Reply
  • geoffs
    jdamon113Now Microsoft, let do something awesome with the money.Buy Nvidia = or a small country!!!!That would be a terrible combination. Intel needs to pull their heads out of whatever orifice they've stuck them in and but Nvidia. At least then, Intel could make a decent integrated GPU. And Intel's manufacturing and low power technology could make Nvidia GPUs faster and/or lower power.
    Reply