Feeds

Microsoft profits soar 31% on Office, Xbox

Windows on the wane

  • alert
  • submit to reddit

High performance access to file storage

Microsoft profits climbed 31 per cent during the quarter ending March 31, thanks to strong performance from the company's Office and Xbox divisions.

During its fiscal third quarter, the software giant racked up $5.23 billion in profits, a 31 per cent jump from a year ago, while revenues reached $16.43 billion, a 13 per cent climb.

"We delivered strong financial results despite a mixed PC environment, which demonstrates the strength and breadth of our businesses," read a canned statement from Microsoft chief financial officer Peter Klein. "Consumers are purchasing Office 2010, Xbox, and Kinect at tremendous rates, and businesses of all sizes are purchasing Microsoft platforms and applications."

In the Microsoft's Business Division – home of Office – revenue grew 21 per cent from last year, while the Entertainment & Devices Division – home to Xbox and Kinect – grew 60 per cent year-over-year.

The Server & Tools Division – home to Windows Server – saw revenues grow 11 per cent, and Microsoft boasted that this was the divisions forth consecutive quarter of double-digit growth. But the Windows Division saw a 4 per cent decrease in revenues. But Microsoft said this was "in line" with current PC trends. IDC has said that global PC shipments dropped 3.2 per cent during the quarter.

In the Online Services Division – the Bing division – revenue grew 14 per cent year-over-year primarily, and Microsoft attributed most of this growth to Bing, ®

High performance access to file storage

More from The Register

next story
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Nokia offers 'voluntary retirement' to 6,000+ Indian employees
India's 'predictability and stability' cited as mobe-maker's tax payment deadline nears
Apple DOMINATES the Valley, rakes in more profit than Google, HP, Intel, Cisco COMBINED
Cook & Co. also pay more taxes than those four worthies PLUS eBay and Oracle
It may be ILLEGAL to run Heartbleed health checks – IT lawyer
Do the right thing, earn up to 10 years in clink
France bans managers from contacting workers outside business hours
«Email? Mais non ... il est plus tard que six heures du soir!»
Adrian Mole author Sue Townsend dies at 68
RIP Blighty's best-selling author of the 1980s
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
Analysts: Bright future for smartphones, tablets, wearables
There's plenty of good money to be made if you stay out of the PC market
prev story

Whitepapers

Mainstay ROI - Does application security pay?
In this whitepaper learn how you and your enterprise might benefit from better software security.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Mobile application security study
Download this report to see the alarming realities regarding the sheer number of applications vulnerable to attack, as well as the most common and easily addressable vulnerability errors.