Microsoft Corp. today announced fourth-quarter revenue of $17.37 billion, an 8 percent increase from the same quarter of 2010 and noticeably better than analysts had expected. For the entire fiscal year ended June 30, Microsoft jumped 12 percent over 2010 to revenue of $69.94 billion.
Office 2010, which has sold more than 100 million licenses, and the cloud-enabled Office 365 tools, stood out as particular high points in the earnings call today.
Kinect, Xbox 360 and Xbox Live also did particularly well, leading Microsoft’s Entertainment & Devices Division revenue to growth of 30 percent for the fourth quarter and 45 percent for the full year.
“We delivered to market a strong lineup of products and services which translated into double-digit revenue growth, and operating margin expansion,” said Peter Klein, chief financial officer at Microsoft. “Our platform and cloud investments position us for long-term growth.”
Things weren’t so good over in the Windows and Windows Live Division, where revenue declined 1 percent for the fourth quarter and 2 percent for the full year. Klein maintained these results were in line with the overall PC market once the impact of the Windows 7 launch was factored in.
Microsoft also reaffirmed fiscal 2012 operating expense guidance of 3 percent to 5 percent growth from 2011, or $28.0 billion to $28.6 billion.
Microsoft Corp. today announced fourth-quarter revenue of $17.37 billion, an 8 percent increase from the same quarter of 2010 and noticeably better than analysts had expected. For the entire fiscal year ended June 30, Microsoft jumped 12 percent over 2010 to revenue of $69.94 billion.
Office 2010, which has sold more than 100 million licenses, and the cloud-enabled Office 365 tools, stood out as particular high points in the earnings call today.
Kinect, Xbox 360 and Xbox Live also did particularly well, leading Microsoft’s Entertainment & Devices Division revenue to growth of 30 percent for the fourth quarter and 45 percent for the full year.
“We delivered to market a strong lineup of products and services which translated into double-digit revenue growth, and operating margin expansion,” said Peter Klein, chief financial officer at Microsoft. “Our platform and cloud investments position us for long-term growth.”
Things weren’t so good over in the Windows and Windows Live Division, where revenue declined 1 percent for the fourth quarter and 2 percent for the full year. Klein maintained these results were in line with the overall PC market once the impact of the Windows 7 launch was factored in.
Microsoft also reaffirmed fiscal 2012 operating expense guidance of 3 percent to 5 percent growth from 2011, or $28.0 billion to $28.6 billion.
