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.
Rich Edmonds is a word conjurer at Windows Central, covering everything related to Windows, gaming, and hardware. He's been involved in technology for more than a decade and knows a thing or two about the magic inside a device 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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