Wednesday, October 26, 2016
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Microsoft Brings 3D Creativity To Winsdows 10, Launches Surface Studio, Surface Book i7 And Affordable VR Headset
Alphabet Cutting Jobs in Google Fiber, Pauses Expansion Plans
Nintendo Cuts Profit Forecast
Sony To Establish New Imaging Products And Solutions Company
Samsung Pay Expand In New Russia, Thailand and Malaysia
Samsung Introduces New ARTIK Smart IoT Platform Modules
iPhone Sales Declined, But Services Revenue Grew In Last Fiscal Quarter
Google's Jamboard Reinverts The Whiteboard For Collaboration in the Cloud
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > General Computing > Microso...
Last 7 Days News : SU MO TU WE TH FR SA All News

Friday, October 24, 2008
Microsoft Reports Record First-Quarter Revenue

Microsoft announced revenue of $15.06 billion for the fiscal quarter ended Sept. 30, 2008, a 9% increase over the same period of the prior year.

Operating income, net income and diluted earnings per share for the quarter were $6.00 billion, $4.37 billion and $0.48, respectively.

Microsoft showed particular strength in multiyear annuity sales, which grew more than 20% during the quarter from the combined businesses of Client, Microsoft Business Division and Server and Tools.

Microsoft SQL Server 2008, Microsoft Hyper-V Server 2008 and the first service update to Microsoft Dynamics CRM Online are among the key product and services that helped Microsoft report a strong 1Q.

Microsoft?s business outlook reflects a balance of risks and the likelihood of a continued economic slowdown. The trends seen late in the first-quarter are now forecasted to continue, whereas previous expectations were for the economy to improve in the second half of the fiscal year.

In this economic environment, Microsoft said that it was focused on three main actions; working with customers to provide high value products at the lowest total overall cost of ownership, increasing focus on expense management and targeting investment into the highest priority strategic opportunities.

Microsoft management offers the following guidance for the quarter ending Dec. 31, 2008:

- Revenue is expected to be in the range of $17.3 billion to $17.8 billion.

- Operating income is expected to be in the range of $6.1 billion to $6.4 billion.

- Diluted earnings per share are expected to be in the range of $0.51 to $0.53.

Management offers the following guidance for the full fiscal year ending June 30, 2009:

- Revenue is expected to be in the range of $64.9 billion to $66.4 billion.

- Operating income is expected to be in the range of $24.4 billion to $25.5 billion.

- Diluted earnings per share are expected to be in the range of $2.00 to $2.10.

Microsoft releases Emergency Security Patch        All News        IBM and Intel Drive Adoption of Open Switch Specification for Blade Servers
Microsoft releases Emergency Security Patch     General Computing News      IDT Acquires Silicon Optix

Get RSS feed Easy Print E-Mail this Message

Related News
Microsoft Cloud Strength Highlights First Quarter Results
Microsoft's Cloud Investments In Europe Hits $3 billion
Microsoft Creation New Artificial Intelligence and Research Group
Adobe and Microsoft Partner in the Azure Cloud
Microsoft Unveiled The Nokia 216 Phone
Microsoft Cloud Strength Highlights Fourth Quarter Results
Microsoft Unveils The Stream Business Video Platform
Microsoft Offers New Subscription Options For Windows 10 and Surface for Businesses
Project Malmo, Which Lets Researchers Use Minecraft for AI research, Makes Public Debut
Microsoft Hints at New Surface Coming Soon
Microsoft Says Scorpio System will Not Offer Higher Frame Rates With Xbox One Games
LinkedIn Becomes Part Of Microsoft

Most Popular News
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2016 - All rights reserved -
Privacy policy - Contact Us .