Record revenue reported from Redmond: Microsoft brings in $16 billion

Stephen Withers
Friday, 23 July 2010 09:33

IT Industry - Listed Tech

Microsoft has joined the list of companies reporting record quarterly revenues.

Microsoft's fourth-quarter revenue was a record $US16.04 billion, up 22% year on year.

The company performed even better in terms of operating and net income, which were up 49% and 50% respectively to $US5.93 billion and $US4.52 billion.

"We saw strong sales execution across all of our businesses, particularly in the enterprise with Windows 7 and Office 2010," said Kevin Turner, chief operating officer.

"Our transition to cloud services is well underway with offerings like Windows Azure and our Business Productivity Online Services, and we look forward to continuing our product momentum this fall with the upcoming launches of Windows Phone 7 and Xbox Kinect," he added.

However, the numbers aren't all rosy. While the company's mainstay divisions - Windows, Server and Tools, and Business - all showed year-on-year improvements in operating income, the flow of red ink from online services and entertainment and devices got worse.

Please read on for the details.