Stronger than expected computer sales and lack of Vista delay-related charges push fiscal second-quarter results higher. Microsoft unveils new media partnerships designed to take business from Apple.
Microsoft said Thursday its fiscal second-quarter profit topped analysts' expectations and climbed 79 percent, buoyed by rising sales of Windows-based personal computers. For the quarter ended Dec. 31, profit increased to $4.71 billion, or 50 cents per share, from $2.63 billion, or 26 cents per share in the same period last year. Analysts polled by Thomson Financial had forecast a profit of 46 cents per share.
Revenue rose 31 percent to $16.37 billion from $12.5 billion in the year-ago quarter, ahead of the analysts' prediction of $15.95 billion in sales.
The quarter was particularly strong when compared with a year ago, when the software maker deferred more than $1 billion in revenue due to delays in getting Windows Vista, its newest operating system, to consumers.
Microsoft's "client" division, responsible for Vista, posted revenue of $4.34 billion. The company said it has sold 100 million copies of Vista since its January 2007 launch.
Source: CNN News
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