Microsoft have announced record quarterly revenue for the quarter ending December 31st 2011. This is a 5 percent increase on year on year. Operating income, net income, and diluted earnings per share for the quarter were $7.99 billion, $6.62 billion, and $0.78 per share, compared with $8.17 billion, $6.63 billion and $0.77 per share, respectively, in the prior year period.
Microsoft CEO Steve Ballmer said in a press release “We delivered solid financial results, even as we prepare for a launch year that will accelerate many of our key products and services. “Coming out of the Consumer Electronics Show, we’re seeing very positive reviews for our new phones and PCs, and a strong response to our new Metro style design that will unify consumer experiences across our phones, PCs, tablets, and television in 2012.”
The staggering statistic is that Microsoft have sold 200 million licenses for Office 2010 in 18 months after launch. The Server & Tools business posted $4.77 billion in second quarter revenue, an 11% increase from the prior year period, reflecting double-digit revenue growth in Windows Server and SQL Server premium editions and more than 20% growth in System Center revenue.
Peter Klein, chief financial officer at Microsoft said “We saw strong demand for our business products and services, despite the soft PC market and continuing economic uncertainty in key parts of the world. We delivered record earnings per share by continuing to manage our costs while investing for future growth.”
Windows and Windows Live Division reported revenue of $4.74 billion, down 6 percent from the prior period. The Entertainment & Devices Division posted revenue of $4.24 billion, an increase of 15% from the prior period.
Microsoft say that there have been 66 million Xbox 360 consoles sold to date, with 18 million Kinect controllers on the market too. Xbox Live has 40 million members worldwide, an increase of 33 percent year on year.
Kevin Turner, Chief Operating Officer At Microsoft said in the press release “In addition to the continued strength of our commercial business, this holiday season was the strongest in Microsoft history, thanks to good sales execution and compelling products like Xbox 360 and Kinect. We are seeing a lot of excitement for new devices, from Windows 7 Ultrabooks to new Windows Phones, as well as growing anticipation for Windows 8.”
Kitguru says: Seems like the company is in good health going into 2012.