Microsoft announced earnings of $17.37 billing for the fourth quarter ending June 30, 2011, an increase of 8% from 2010 powered by the Xbox
Notably:
Windows and Windows Live revenue declined 1% for the fourth quarter and revenue for the full year decreased 2%. PC market growth is expected to be 2% to 4%.
Entertainment & Devices Division revenue grew 30% for the fourth quarter and 45% for the full year, due to the ongoing momentum of the console, Kinect, and Xbox Live. Xbox 360 has been the top-selling game console in the U.S. over the past twelve months.
Microsoft Online Services Division revenue grew 17% for the fourth quarter and 15% for the full year, primarily from search revenue. Bing’s U.S. search share increased to 14.4% this quarter.
Server & Tools including Windows Server, System Center, and SQL Server revenue grew 12% for the fourth quarter and grew 11% for the full year.
Microsoft Business Division revenue for the fourth quarter grew 7% and 16% for the full year. Office 2010 continues to be the fastest-selling version of Microsoft Office in history with over 100 million licenses sold.
And as tablets have become more popular, netbooks have sunk. Microsoft reported that the decline in consumer PC sales included an approximately 41% decline in the sales of netbooks.
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