Sunday, December 25, 2011
Microsoft Firing on All Cylinders, Posts Record Quarter
"We saw customer demand across the breadth of our products, resulting in record first-quarter revenue and another quarter of solid EPS growth," said Peter Klein, chief financial officer at Microsoft. "Our product portfolio is performing well, and we’ve got an impressive pipeline of products and services that positions us well for future growth."
The Microsoft Business Division reported $5.62 billion in first quarter revenue, up 8 percent from one year ago when Microsoft launched Office 2010. Microsoft's Server & Tools segment grew 10 percent year-over-year to $4.25 billion, which marks the sixth consecutive quarter of double digit growth, and the company's Windows and Windows Live Division revenue increased 2 percent to $4.87 billion, a figure Microsoft says is "in line with the PC market."
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