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Microsoft Reports Record Revenue of $20.9 Billion in Second Quarter Microsoft Reports Record Revenue of $20.9 Billion in Second Quarter
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Microsoft Reports Record Revenue of $20.9 Billion in Second Quarter
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Old 20th January 2012, 08:46   #1
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Default Microsoft Reports Record Revenue of $20.9 Billion in Second Quarter

Microsoft Corp. today announced quarterly revenue of $20.89 billion for the quarter ended Dec. 31, 2011, a 5% increase from the prior year period. Operating income, net income, and diluted earnings per share for the quarter were $7.99 billion, $6.62 billion, and $0.78 per share, compared with $8.17 billion, $6.63 billion and $0.77 per share, respectively, in the prior year period. Prior year results include recognition of $224 million of deferred revenue related to the Office 2010 technology guarantee program.

"We delivered solid financial results, even as we prepare for a launch year that will accelerate many of our key products and services," said Steve Ballmer, chief executive officer at Microsoft. "Coming out of the Consumer Electronics Show, we're seeing very positive reviews for our new phones and PCs, and a strong response to our new Metro style design that will unify consumer experiences across our phones, PCs, tablets, and television in 2012."

http://www.techpowerup.com/159019/Microsoft-Reports-Record-Revenue-of-$20.9-Billion-in-Second-Quarter.html
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