When [Otellini] joined the company in 1974, most people didn't even know what a PC was - From the Wall St Journal 11-11-2004
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Microsoft reports record first quarter financials
REDMOND SOFTWARE WAREHOUSE Microsoft has announced record quarterly revenue of $17.37bn for its first fiscal quarter.
Revenue is up by seven per cent against the same time last year, and the firm reported moves in the positive direction for its operating income, net income and diluted earnings too.
Operating income, net income, and diluted earnings per share for the quarter were $7.20bn, $5.74bn, and $0.68 per share, respectively, gains of one per cent, six per cent, and 10 per cent.
"We saw customer demand across the breadth of our products, resulting in record first-quarter revenue and another quarter of solid EPS growth," said Peter Klein, Microsoft CFO. "Our product portfolio is performing well, and we've got an impressive pipeline of products and services that positions us well for future growth."
The firm's Business division did okay, where revenues increased by eight per cent to $5.62bn. Here server sales appeared to do the best and Microsoft said that Lync, Sharepoint and Exchange grew by double digits.
Windows sales grew by just two per cent, and the company said that this was in line with the PC market. Interestingly the firm did not break out any figures for Windows Phone, which is in a market that is growing faster than the PC market and could have been more telling.
"We had another strong quarter for Office, SharePoint, Exchange, and Lync, and saw growing demand for our public and private cloud services including Office 365, Dynamics CRM Online, and Windows Azure," said Microsoft's COO, Kevin Turner.
"With a great set of consumer products like Windows 7 PCs, Windows Phone 7.5, Xbox and Kinect, we are excited about the holiday buying season." µ
Tags: Microsoft
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After decades of using criminal methods to drive out competitors, monopoly is now easy.
Note that in an expanding market where their costs of development are essentially fixed, the criminals don't lower the price: holding a monopoly they don't have to, and the greed of the already rich shareholders come before public interest. M$ is immune to the "market forces" that capitalists love to claim produce the best products at lowest price -- And M$ has a captive audience of dolts and fanboys who are pathetically grateful for more eye candy atop the creaky platform; they actually look forward to every Patch Tuesday as twelve more opportunities to fiddle with the wondrous toy that is Windows.
In case the above is too subtle for M$ fanboys: WINDOWS SUCKS.
M$$$$ iso M$