With a boost from the release of Windows 7, Microsoft on Thursday said that its quarterly revenue topped $19 billion as the company sold a record number of copies of its operating system.
The software maker said it earned $6.66 billion, or 74 cents per share, on revenue of $19.02 billion for the three-month period that ended December 31. Those results included revenue deferred from the prior quarter, as the company was preparing for Windows 7 and offering free upgrades to those who bought Windows Vista-based computers. Excluding the deferred revenue, Microsoft said it had revenue of $17.31 billion, and diluted earnings per share would have totaled 60 cents per share.
"Exceptional demand for Windows 7 led to the positive top-line growth for the company," chief financial officer Peter Klein said in a statement. "Our continuing commitment to managing costs allowed us to drive earnings performance ahead of the revenue growth."
More: http://news.cnet.com/8301-13860_3-10443802-56.html
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The software maker said it earned $6.66 billion, or 74 cents per share, on revenue of $19.02 billion for the three-month period that ended December 31. Those results included revenue deferred from the prior quarter, as the company was preparing for Windows 7 and offering free upgrades to those who bought Windows Vista-based computers. Excluding the deferred revenue, Microsoft said it had revenue of $17.31 billion, and diluted earnings per share would have totaled 60 cents per share.
"Exceptional demand for Windows 7 led to the positive top-line growth for the company," chief financial officer Peter Klein said in a statement. "Our continuing commitment to managing costs allowed us to drive earnings performance ahead of the revenue growth."
More: http://news.cnet.com/8301-13860_3-10443802-56.html
