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Microsoft reports record second quarter results
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30/01/2008
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Microsoft has announced second quarter records for revenue, operating income and diluted earnings per share of $16.37 billion, $6.48 billion and $0.50 – showing growth of 30%, 87% and 92% respectively.
Results in the year before were impacted by the deferral of $1.64 billion of revenue and operating income and $0.11 of diluted earnings per share from the second to the third quarter of fiscal 2007, due primarily to technology guarantee programmes.
“Revenue of over $16 billion this quarter exceeds our previous record by $2 billion,” says Chris Liddell, Microsoft CFO. “We are extremely pleased by the broad-based strength of our business performance and field execution. Throughout the first half of our fiscal year, all of our businesses met or beat our expectations.”
Interestingly, since Windows Vista became generally available one year ago, Microsoft’s client business has grown more than 20% and sales of Windows Vista have now surpassed 100 million licenses.
“We’ve hit our stride with partners and customers and are looking forward to the release of our first service pack later this quarter,” says Kevin Johnson, president of Microsoft’s Platforms and Services Division.
Meanwhile, Microsoft Business Division and the Server and Tools business each experienced double-digit revenue growth rates over the previous year and together increased revenue by over $1 billion against the quarter last year. Microsoft Business Division generated 23% revenue growth, driven, according to the company, by the versions of Microsoft Office, Microsoft SharePoint and Microsoft Exchange launched last November.
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Author
Staff reporter
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