Thursday, October 20, 2011

Microsoft has record Q1, rakes in $17.37 billion in revenue (updated: Skype plans revealed)

Microsoft has record Q1, rakes in $17.37 billion in revenue (updated: Skype plans revealed)

Q1 of 2012 (don't ask...) was good to Microsoft. Very good in fact. The company posted a record first quarter revenue of $17.37 billion, a 7-percent increase over the same period last year and slightly higher than the $17.26 billion that was expected. The big hero was Office which accounted for $5.62 billion of that income, though sales of Windows stayed flat and fell somewhat short of expectations. The company's $5.74 billion in net income was also a significant jump of 6-percent over the same time last year.

Engadget, Microsoft has record Q1, rakes in $17.37 billion in revenue (updated: Skype plans revealed)

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