Friday, July 22, 2011

MSFT (NASDAQ:MSFT)

Microsoft Corp. (NASDAQ:MSFT) Thursday posted strong quarterly earnings in F Q-4, with profit and revenue beating expectations from Wall Street analysts.

For the quarter ended June 30, the World’s largest software maker reported a net income of US$5.87B or 0.69/shr, representing increases of 30 and 35% respectively when compared with the yr-ago frame.Microsoft reported net income of $5.87-billion on revenue of $17.37-billion for Q4 (2011 fiscal year). This is "a whopping 30 percent climb over the year previous." Continue reading for a video tour of Microsoft's Xbox headquarters. We continue to see strong business demand across all of our products,” Microsoft Chief Operating Officer Kevin Turner said in a statement.

Its software products and services include operating systems for personal computers, servers and intelligent devices; server applications for distributed computing environments; information worker productivity applications; business solutions applications; computing applications; software development tools, and video games. It operates in five segments: Windows & Windows Live Division (Windows Division), Server and Tools, Online Services Division, Microsoft Business Division, and Entertainment and Devices Division.

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