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23 April 2010 ,
Written by Dhruv Tanwar
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Microsoft Corp. has reported third-quarter revenue of $14.5 billion for the quarter ended Mar. 31, 2010, marking a 6% increase as compared to the same period last year. The company's operating income, net income and diluted earnings per share for the quarter were $5.17 billion, $4.01 billion and $0.45 per share, representing increases of 17%, 35% and 36%, respectively as compared to the same period in the prior year.
Microsoft CFO Peter Klein said Windows 7 continues to be the company's growth engine, with strong growth also coming from Bing search, Xbox LIVE and emerging cloud services. Windows revenue was up 28% as compared with the same quarter a year earlier, driven by strong demand for Windows 7. Over 10% of all PCs worldwide are running Windows 7 today, Microsoft said, which it claims makes Windows 7 by far the fastest-selling operating system “in history.”
Microsoft said it expects operating expense of $26.1 billion to $26.3 billion for the full year ending June 30, 2010. |