This article is from the source 'bbc' and was first published or seen on . It will not be checked again for changes.
You can find the current article at its original source at http://news.bbc.co.uk/go/rss/-/1/hi/business/8486378.stm
The article has changed 5 times. There is an RSS feed of changes available.
Version 3 | Version 4 |
---|---|
Microsoft sees 60% jump in profit | Microsoft sees 60% jump in profit |
(about 2 hours later) | |
Microsoft has reported a 60% jump in profit, thanks largely to "exceptional demand" for Windows 7. | Microsoft has reported a 60% jump in profit, thanks largely to "exceptional demand" for Windows 7. |
Net profit came in at $6.66bn (£4.13bn) for the three months to 31 December 2009, up from the $4.18bn it made in the same period a year earlier. | Net profit came in at $6.66bn (£4.13bn) for the three months to 31 December 2009, up from the $4.18bn it made in the same period a year earlier. |
It also reported record revenues of $19.2bn, which comfortably beat analysts' forecasts. | It also reported record revenues of $19.2bn, which comfortably beat analysts' forecasts. |
"We are thrilled by the consumer reception to Windows 7," said Kevin Turner, chief operating officer. | "We are thrilled by the consumer reception to Windows 7," said Kevin Turner, chief operating officer. |
"This is a record quarter for Windows units." | "This is a record quarter for Windows units." |
Microsoft released Windows 7 in October last year. | Microsoft released Windows 7 in October last year. |
'Outstanding' | 'Outstanding' |
Windows 7 has proved to be Microsoft's best-selling operating system to date after the disappointing Vista. | |
The online business came in line and the only business shy of expectations was Xbox Brendan Barnicle, Pacific Crest Securities Strong festive trading at Amazon | |
Microsoft was helped by a rebound in personal computer sales in the run-up to Christmas. | Microsoft was helped by a rebound in personal computer sales in the run-up to Christmas. |
The company's results are closely tied to computer sales because its two most profitable divisions make the Windows Operating System and Office business software. | |
"These are outstanding numbers," said Brendan Barnicle from Pacific Crest Securities. | "These are outstanding numbers," said Brendan Barnicle from Pacific Crest Securities. |
"The upside was in the Windows business and service and tools, and Office business. The online business came in line and the only business shy of expectations was Xbox." | "The upside was in the Windows business and service and tools, and Office business. The online business came in line and the only business shy of expectations was Xbox." |
Shares in Microsoft rose 25 cents, or 0.9%, to $29.41 in after-hours trading. | Shares in Microsoft rose 25 cents, or 0.9%, to $29.41 in after-hours trading. |
Reporting season | |
The company did not make any specific profit or sales forecasts, after making the decision to stop doing so in January 2009, citing market volatility. | |
Microsoft is the latest technology company to report earnings results. | |
Yahoo and Apple both announced higher profits earlier this week, while Google reported strong figures last week. | |
However, Nintendo saw a near 10% fall in profits after a slowdown in sales of its Wii games console. |