Friday, January 25, 2013

Microsoft revenue up, aided by Windows unit sales, though profit declines

<p>Microsoft reported a drop in profit for the second quarter of its fiscal year, though revenue increased, thanks partly to a 24 percent jump in sales from its Windows division.</p><p>Microsoft's revenue increased 2.7 percent to US$21.46 billion in the quarter, which ended 31 December.</p><p>Net income shrunk to $6.38 billion, or $0.76 per share, from $6.62 billion, or $0.78 per share, in Microsoft's second fiscal quarter of 2011, the company said on Thursday.</p><p>CEO Steve Ballmer said in a statement that Microsoft's "big, bold ambition to reimagine Windows," along with other initiatives like its Surface tablet and the new Windows Phone 8, are paying off.</p><p><a href="http://www.computerworlduk.com/news/it-business/3422442/microsoft-revenue-up-aided-by-windows-unit-sales-though-profit-declines/">Keep reading...</a></p><p>Read also:</p><p><a href="http://www.thevarguy.com/2013/01/24/microsoft-earnings-windows8-more/">Microsoft Earnings Reality Check: 5 Partner Opportunities</a> (The VAR Guy)</p><p>Explore: <a href="http://news.google.com/news/more?ncl=dn2JZDryJgtD4tMdcRRAtiNKgXWzM&ned=us">318 additional articles.</a></p>

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