Microsoft Announces Record Quarterly Revenue and Earnings Per Share
Today, Microsoft announced record quarterly revenue of $19.95 billion for the quarter ended Dec. 31, 2010, a 15 percent increase over the adjusted revenue of the comparable quarter in the previous year.
Earnings per share grew to a record $0.77 per share, a 28 percent increase over the previous year.
Operating income and net income were $8.17 billion and $6.63 billion, respectively.
Other highlights from the second quarter include:
• Fifty-five percent year-over-year growth in revenue in the Entertainment & Devices Division, driven by the success of the Kinect game sensor, which boosted sales of Xbox 360 consoles, Xbox Live subscriptions and Xbox games.
• Twenty-four percent year-over-year growth in revenue in Microsoft Business Division, driven by Office 2010, the fastest-selling consumer version of Office in Microsoft history. Office 2010 license sales were more than 50 percent ahead of Office 2007 over an equivalent time period following launch.
• Microsoft announced it has now sold more than 300 million Windows 7 licenses, and Windows 7 now runs on more than 20 percent of Internet-connected PCs.
For more information on Microsoft’s second-quarter financial results, read this press release.
Posted by Jeff Meisner
Senior Manager, Corporate Blogs