Microsoft

Microsoft makes $17.37 billion

by admin on July 21, 2011

in Microsoft

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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