Microsoft has a great quarter
Quarterly Results are in!
Microsoft Corp. today announced record third-quarter revenue of $14.50 billion for the quarter ended Mar. 31, 2010, a 6% increase from the same period of the prior year.
Operating income, net income and diluted earnings per share for the quarter were $5.17 billion, $4.01 billion and $0.45 per share, which represented increases of 17%, 35% and 36%, respectively, when compared with the prior year period.
The results include the deferral of $305 million of revenue relating to the Microsoft Office 2010 Technology Guarantee program.
Adjusting for the revenue deferral, third-quarter revenue totaled $14.81 billion, an increase of 8% over the prior year period.
Windows revenue was up 28%, compared with the same quarter a year earlier, driven by strong demand for Windows 7.
More than 10% of all PCs worldwide are running Windows 7 today, making Windows 7 by far the fastest-selling operating system in history.
Seems like the corporate Windows 7 desktop refreshes are pretty much inevitable…
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