Microsoft records record revenues for latest financial quarter

Microsoft announced today that the company generated record amounts of revenue for its last quarter, which ended on March 31. Officially, the company said that revenues for Microsoft's fiscal third quarter 2012 came in at $17.41 billion, up six percent from the same period a year ago.

Microsoft also recorded higher operating income numbers for the quarter with $6.37 billion. Those numbers were up 12 percent from the same period a year ago. Net income came in at $5.11 billion, slightly below the $5.23 billion recorded from the same period a year ago. Microsoft said the net income number was affected due to a $461 million tax settlement with the U.S. Internal Revenue Service.

Microsoft's CEO Steve Ballmer is quoted in the press release as saying:

We’re driving toward exciting launches across the entire company, while delivering strong financial results. With the upcoming release of new Windows 8 PCs and tablets, the next version of Office, and a wide array of products and services for the enterprise and consumers, we will be delivering exceptional value to all our customers in the year ahead.

For Microsoft's full 2012 fiscal year, which ends on June 30, the company has revised its predictions for operating expense down to between $28.3 billion to $28.7 billion. It has predicted that for the upcoming 2013 fiscal year, which will feature the launch of Windows 8, operating expenses will be between $30.3 billion to $30.9 billion.

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cpp_coder said,
Apple still make more money and are much more valuable than Microsoft...if only they could innovate

Apple generally makes hardware, Microsoft generally makes software.

A copy of Windows is like $100, an iPhone is like $600. Do the maths lol.

-Razorfold said,

Apple generally makes hardware, Microsoft generally makes software.

A copy of Windows is like $100, an iPhone is like $600. Do the maths lol.

People will always compare the two even though they make their money in different ways.

cpp_coder said,
....

Saying Apple are more valuable is such a myopic view of economics. Microsoft facilitate TRILLIONS of dollars of GDP around the globe.
Which company is more important?

I hate this head up the ass Apple talk. Apple enabled the Asian tech sweatshops to hurt their workers for maximum profitablilty. Apple gouge their consumers for 15-30% higher margins than their competitors. How can someone look at this and claim that Apple is more valuable. Apple is a company that has made countless boat loads of money by being tight at both ends.

Yeah they are definitely a company worthy of praise. Oh yeah, right I forgot the US have divorced ethics from Capitalism.


Microsoft are NOT Apple.
Microsoft are NOT Oracle.
Microsoft are NOT IBM.
Microsoft technologies enable B2B more than any of those folks could ever hope.
The fact Microsoft are software focused enables them to focus their hardware partners to innovate in ways that the rest of the ecosystem can benefit.

There are many factors but if you look at the overall market it is up. It is up since 02 and 08 drops. In fact with the exception of the NASDAQ in 00 the market is at it's highest. All the talk is about the debt that is out there and that people have pulled their money out of the market and still sitting on it. I too get tired about hearing about negative things like unemployment, sales numbers, etc and then the next day there will be positive talk about the same thing. I think some people are doing great and some people are doing bad with less in between.

The King of GnG said,
Those are clearly numbers showing where this so-called "post-PC" is going :-P

Looking at those figures it looks like the enterprise sector is where a lot of Microsoft future growth is gonna come from.

thealexweb said,

Looking at those figures it looks like the enterprise sector is where a lot of Microsoft future growth is gonna come from.


Which is bad 'cause…

Please finish my sentence.

thealexweb said,
Looking at those figures it looks like the enterprise sector is where a lot of Microsoft future growth is gonna come from.

Hopefully at the expense of Oracle!

Only just noticed the bottom image, ouch that Microsoft's search business is still bleeding money a decade in That is playing it long-term to the extreme xD

it's just interesting that the tech market is doing so great when we are "apparently" doing so horrible in all the other markets even through multiple recessions around the world

neufuse said,
it's just interesting that the tech market is doing so great when we are "apparently" doing so horrible in all the other markets even through multiple recessions around the world

People are eating a lot of ramen to buy gadgets these days.

bj55555 said,

People are eating a lot of ramen to buy gadgets these days.

Only few get to dine on a fine steak while hunting heads in Battlefield 3 on ultra... Mmm, I can taste the envy!

thealexweb said,
Why have netbooks been excluded from their growth figures? -.^

because the netbook market was basically dead years ago after the fad died out 2yrs after they came out?... long before the iPad was even a dream....