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.