Friday, October 21, 2011

Microsoft reports best-ever Q1 results; revenue hits $17.37 billion

Microsoft announced its fiscal first-quarter 2012 earnings on Thursday, the best first quarter the company has ever recorded. The Redmond-based�software�giant reported revenue of $17.37 billion, up 7% from the first quarter of 2011 and on a par with analyst estimates of $17.26 billion. Operating income for the quarter was $7.2 billion, up 1% from the same quarter last year and net income was $5.74 billion, or $0.68 per share, up 6% from the first quarter of 2011. “We saw customer demand across the breadth of our products, resulting in record first-quarter revenue and another quarter of solid EPS growth,? said Microsoft CFO Peter Klein. “Our product portfolio is performing well, and we?ve got an impressive pipeline of products and services

Source: http://www.bgr.com/2011/10/20/microsoft-reports-best-ever-first-quarter-results-revenue-of-17-37-billion/

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