Microsoft thanks Windows 7, Office 2010, Xbox for record first quarter
 

At the close of trading Thursday, Microsoft announced the results for its first quarter of fiscal year 2011, which ended September 30, 2010. Revenue of $16.20 billion, a 25 percent increase from the same period in 2009, set a new first quarter record for the company. The three other financial measures—operating income ($7.12 billion), net income ($5.41 billion), and earnings per share (62¢)—were all up year-over-year: 59 percent, 51 percent, and 55 percent, respectively. The company said it reported yearly growth across all business segments.

Microsoft's explanation for positive growth across the board is once again its latest client operating system (and the "PC refresh cycle"). Windows 7 sold 240 million licenses in its first year. Three months after release, Microsoft said it had sold more than 60 million Windows 7 licenses. Some basic math shows sales haven't slowed, which is great news for Microsoft. The Windows division had its revenue rise from $2.9 billion to $4.8 billion. Profit was $3.3 billion.

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