Microsoft’s Fourth Quarter Revenue Beats Expectations

July 23rd, 2010 at 10:29 am
 


It seems that the tech sector has recently been going through a good year so far. Aside from Apple recording its highest fiscal quarter revenue ever, there are other companies that also seem to show upbeat numbers and continue to exceed expectations. Microsoft is one of the major tech players who followed suit this fiscal quarter.

Software giant Microsoft posted revenue numbers in the fiscal fourth quarter that exceeded even Wall Street expectations. The company registered sales of $16.04 billion for the fiscal fourth quarter. It amounts to a 22 percent increase over the sales that was reported the same period during the previous year. Analysts at Wall Street has been expecting Microsoft’s revenue to fall around $14.85 to $15.74 billion.

Microsoft saw strong growth across all of its main businesses. The sales of Windows 7 and the Office 2010 particularly enjoyed strong sales. Revenue for Windows increased by $1 billion while sales of consumer and business licenses for the OS increased by 26 percent. The same also goes for the company’s gaming division whose revenue grew by 30 percent. All in all Microsoft recorded at total of $62.48 billion worth of revenue for the fiscal year 2010. This amounts to a 7 percent increase over total revenues from the previous year. This year’s revenue also translates to a 29 percent growth in profits at $18.76 billion for Microsoft.

 

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