Microsoft has published their fourth-quarter and full-year revenues that break records despite Windows Phone 7 having a slower-than-hoped launch and Windows (and PCs) taking a slight hit.
The fiscal year, which ended June 30th, were at record breaking high of $69.9 billion (up 12% from 2010). Q4 revenue was clocked at $17.4 billion, an 8% increase of the same quarter in 2010. Microsoft's net income for the quarter was $5.87 billion, a 30% increase, and for the year it was $23.2 billion, a 23% increase.
The revenue for Microsoft's Business division grew by 16% for the year while online services revenue jumped 15% (thanks to the growth of Bing). Entertainment & Devices sky-rocketed 45% for the year with Kinect, Windows Phone 7 and continued growth of Xbox Live (and Xbox 360).
Windows and Windows Live revenues fell 2% for the year (even with 400 million Windows 7 licenses sold). Mango is hoped to not only be a great ROI (return of investment), but a beacon of hope for Nokia who reported losses in the last quarter.
Source: Microsoft (opens in new tab)
Rich Edmonds is Senior Editor of PC hardware at Windows Central, covering everything related to PC components and NAS. He's been involved in technology for more than a decade and knows a thing or two about the magic inside a PC chassis. You can follow him over on Twitter at @RichEdmonds.
I love this picture of Ballmer.
B-b-b-b-but Windows Phone you're a tortoise.:rolleyes:
I just envision him saying "WOOOOOOOO!" in that photo.
Agreed, or maybe even the OFT part of MicrosOFT =)
When Mango hits, I expect to see this a lot more.
And yet Microsoft stock continues to disappoint. MCD just announced a huge profit increase as well and their stock is up 3 bucks this morning. I don't get it.... =(
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