Microsoft Enjoys Great Quarterly Earnings
Microsoft had a perfect storm of positive trends to help with its most recent quarterly earnings. Sales of the XBox 360, Halo 3, Windows Vista, and international growth all contributed.
Microsoft reported revenue $13.76 billion for its first quarter, which ended Sept. 30, 2007…Microsoft enjoyed a 27 percent increase in its revenue over the same period in 2006.
It’s online business looks like a mixed bag. Revenues up, income down…
Microsoft’s Online Services Business segment saw an increase to $671 million from $536 million in the same period in 2006, and operating income loss of $264 million compared to $102 million in the same period last year. The Online Services Business includes Windows Live services, Live Search, the MSN.com portal, as well as its advertising and display ad businesses.
All eyes turn now to see just how much value aQuantive and Facebook will bring to the company.