Microsoft has been criticized in last few years for its poor performance due to Windows Vista, but in last year they had bounced back with highly appreciated Windows 7. The result of Windows 7 success is also showing on their economical performance.
Microsoft has announced second quarter report, which clearly indicates that the company has achieved tremendous success in all sections.
Here’s a quick excerpt from press release -
Microsoft Corp. today announced record revenue of $19.02 billion for the second quarter ended Dec. 31, 2009, a 14% increase from the same period of the prior year. Operating income, net income and diluted earnings per share for the quarter were $8.51 billion, $6.66 billion and $0.74 per share, which represented increases of 43%, 60% and 57%, respectively, when compared with the prior year period.
These financial results include the recognition of $1.71 billion of deferred revenue, an impact of $0.14 of diluted earnings per share, relating to the Windows 7 Upgrade Option Program and pre-sales of Windows 7 to OEMs and retailers before general availability. Adjusting for the deferred revenue recognition, second-quarter revenue totaled $17.31 billion, and diluted earnings per share totaled $0.60 per share.
“Exceptional demand for Windows 7 led to the positive top-line growth for the company,” said Peter Klein, chief financial officer at Microsoft. “Our continuing commitment to managing costs allowed us to drive earnings performance ahead of the revenue growth.”
Full report here.
According to some rumors, Microsoft is working on Windows 8 which possibly be the next operating system for PC users. They are also planning to bring advanced Windows Mobile 7 OS later this year. So, we can expect that the company will remain on the top position at the end of 2010.
Mobile World Congress (MWC 2010) is starting from next month at Barcelona. Microsoft has announced its schedule for MWC 2010. You can check it here.