Healthy sales of Windows 7, Office 2010 and Xbox 360 consoles powered by Microsoft to U.S. $5,410,000,000 in net profit for the first quarter of fiscal 2011, the 51-percent increase from the same during the year before.
The company also reported 25 percent revenue in this quarter, or $16.20 billion for the quarter ended September 30. This amount exceeds what many analysts had expected the company to generate for the period: poll from Yahoo Finance that analysts, on average, expected the company to earn about $15.80 billion for the quarter
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Overall, sales of Microsoft Office productivity increased by 15 percent through June 2010, the launch of a new version of Office 2010. Xbox 360 sales increased by 38 percent and the company also noted that the PC refresh cycle continues to drive sales of Windows 7.
We are seeing improving business demand and adoption. Our company has the contract rates were strong, reflecting the companys commitment to Windows 7, Office 2010, and our server and database products, said Kevin Turner, chief operating officer of Microsoft, in statement.
generally results in a significant improvement compared to last year, due to unclean, which was provided by a global recession. Then the company reported 12.92 billion U.S. dollars of revenue in the first quarter of fiscal 2010, which was 14 percent decline from the same period a year earlier. Net profit amounted to $3,570,000,000, a decrease of 18 percent. During the quarter, the company also deferred $1470000000 revenue, which represents an early OEM sales of Windows 7
During the quarter, strong performance is in conflict with more cautions that the investment industry Microsoft showed , which has been criticized for not keeping pace with the technology beyond its stronghold in personal computers, such as smartphones and tablets.
In the Microsoft Professional Developers Conference this week in Seattle, Microsoft CEO Steve Ballmer welcomed to move into new market areas, such as smartphones.
Joab Jackson covers the enterprise software technologies and general breaking news for the IDG News Service. Joab Follow on Twitter at @Joab_Jackson . Joab e-mail address is Joab_Jackson@idg.com
Via: Microsoft quarterly results supported by Windows, Xbox, Office
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