Apple and Intel aren't the only tech companies posting eye-popping financial results every quarter. Microsoft is part of the club, too, and it has once again failed to disappoint, posting "record" numbers for its latest fiscal quarter ending on March 31. Microsoft boasts about a 13% growth in revenue and a whopping 31% hike in net income.
|Q3 FY'10||Q2 FY'11||Q3 FY'11|
|Revenue||$14.50 billion||$19.95 billion||$16.43 billion|
|Net income||$4.01 billion||$6.63 billion||$5.23 billion|
The company saw double-digit growth in its business, online services, and server divisions, as well. The entertainment division saw the highest growth of all: 60%, purportedly thanks to Kinect for the Xbox 360 (which Microsoft calls the "fastest-selling consumer electronics device in history"). Windows 7 sales were another story, falling by 4% compared to the same quarter a year ago. Microsoft says Windows revenue was "in line with the PC trends, excluding prior year launch impact."
Incidentally, I should point out that Microsoft now appears to be making less money than Apple. The Mac maker posted $24.7-billion revenue and $5.99-billion net profit for the same quarter. Of course, Apple has had a higher market capitalization than Microsoft for some time. Who would have guessed that a decade ago?
|Break records with EVGA's GTX 1080 Ti Kingpin Hydro Copper Gaming||12|
|Intel patches new vulnerabilities in its Management Engine||16|
|National Stuffing Day Shortbread||17|
|Tuesday deals: a 4K monitor, a 1 TB SSD, and much more||18|
|Cooler Master MasterKeys MK750 goes for a minimalist style||3|
|Marvell takes Cavium under its wing for $6 billion||2|
|Deals of the day: Ryzen and Threadripper CPUs on the cheap and more||37|
|Aorus K9 Optical keyboard senses strokes with infrared light||15|
|ROG Strix XG32VQ and XG35VQ fuse fast VA panels with FreeSync||21|
|Working on it.||+17|