Monday, 25 July 2011

Microsoft posts record revenue in spite of flat Windows market

Microsoft today posted its earnings results for the fourth quarter of financial year 2011. Revenue was $17.37 billion, a record for the fourth quarter, 8 percent higher than the same period last year. Operating income and net income were $6.17 billion and $5.87 billion, increases of 4 percent and 30 percent year on year, and earnings per share were 69�, a 35 percent increase on the fourth quarter of 2010.

For the year as a whole, revenue was $69.94 billion, up 12 percent on 2010, with operating income and net income of $27.16 billion and $23.15 billion, representing growth of 13 percent and 23 percent respectively. Earnings per share rose 28 percent, to $2.69.

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Source: http://feeds.arstechnica.com/~r/arstechnica/index/~3/9WtUoYB_Pkw/microsoft-posts-record-revenue-in-spite-of-flat-windows-market.ars

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