Microsoft: $16.37 Billion Revenue in Record-Breaking Q2

Microsoft Corporation has announced second quarter records for revenue ($16.37 billion, a 30% increase over last year's period), operating income ($6.48 billion, a 87% increase) and diluted earnings per share ($0.50, a 92% increase). During the quarter, Microsoft rolled out new consumer focused offerings such as Windows Home Server, new versions of the Zune media player and the next generation of Windows Live Online Services. Sales to business customers remained brisk in the quarter with Microsoft Business Division and the Server and Tools business each experiencing double-digit revenue growth rates over the prior year and together increased revenue over $1 billion versus the comparable quarter last year.

"We are in the midst of another strong year with great momentum heading into calendar year 2008. We continue to see healthy demand from both businesses and consumers in the United States and our growth in emerging markets is especially strong. Looking across Brazil, Russia, India and China, our field revenue reached a combined growth rate over 65% this quarter. As we look ahead, our Windows Server 2008 launch, with our virtualization solution, will further our quest to bring exceptional value to our customers," said Kevin Turner, chief operating officer at Microsoft.

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