Saturday, April 30, 2011

Increased Revenue from Microsoft Office and Kinect

Microsoft has just reported their earnings in the third quarter of 2011, which Microsoft's revenue to reach $ 6, 43 billion, an increase of 13 percent from the same period in 2010. Meanwhile, Microsoft's operating profit was $ 5, 71 billion, net income was $ 5.23 billion. With this report Microsoft surpassed expectations of Wall Street analysts who are in 56 cents per share with revenue $ 16,19 billion.

Microsoft says that the strong financial results mainly due to sales of Office, Xbox and sales Kinect.

"We deliver strong financial results despite the PC environment is still good, which shows the strength and breadth of our business. Customers buy Office 2010, Xbox and Kinect at extraordinary levels, and businesses of all sizes purchase of Microsoft platforms and applications," said Microsoft CFO Peter Klein.

Sales in the Office and Kincet reported an increase to 60 percent. While the Online Services division, which includes Bing, managed to record $684 million, up 14 percent.

No comments:

Post a Comment

Free Comments, Positive and no SPAM !!!!