Yes, believe it or not, Microsoft is still raking in truckloads of cash. In other news, the sky is still blue, and grass still grows green. Those truckloads of cash were especially full during Microsoft's last fiscal quarter, which ended on September 30. All in all, the software giant posted net income of $5.41 billion on revenue of $16.2 billion. Here's how those figures compare to past numbers:
|Revenue||$12.92 billion||$16.04 billion||$16.20 billion|
|Net profit||$3.57 billion||$4.52 billion||$5.41 billion|
Now, there is a small caveat. In the company's words, "Prior year results reflect the deferral of $1.47 billion of revenue, an impact of $0.12 of diluted earnings per share, relating to the Windows 7 Upgrade Option program and sales of Windows 7 to OEMs and retailers before general availability in October 2009." Microsoft touts 51% net profit growth compared to the same quarter a year ago, but without the deferral, that growth only amounts to 20%.
In any case, the company boasts of growth across "all business segments," including the Xbox 360, which saw 38% growth and purportedly outsold "every competing console in the U.S. for each of the past four months."
Also, I guess it's now official: Microsoft is posting lower revenue than Apple. To Microsoft's credit, though, Apple is making less profit—$4.31 for the last quarter.
|Qualcomm readies up 48-core Centriq 2400 ARM server chip||9|
|Deals of the week: laptops and spinning storage||0|
|BitFenix Shogun chassis goes for internal and external coolness||1|
|AMD and Intel join forces for a bundle of hardware and games||34|
|Report: Samsung Galaxy S8 may go into full-screen mode||19|
|Gigabyte XK700 keyboard will challenge your limits||20|
|Microsoft and Intel set to bring AR to the people with Project Evo||10|
|Global VR Association hits the road with Sony and Samsung in tow||3|
|Fitbit buys Pebble, leaving watch owners in the lurch||19|