When you're Microsoft
, there's one thing you can do to pretty much
guarantee huge revenue streams: create a new desktop operating system.
The company announced their third-quarter earnings today, and if you're
a Microsoft investor, you can't help but be happy. Microsoft announced
record third-quarter revenue of $14.50 billion for the
quarter ended Mar. 31, 2010, a 6% increase from the same period of the
prior year; net income was listed at $4.01 billion, which represents a
35% increase from this period a year ago. Needless to say, Windows 7
seems to be driving things rather significantly, and it's all in the
Peter Klein, chief financial officer at Microsoft, was obviously
pleased with the results: "Windows 7 continues to be a growth engine,
but we also saw strong
growth in other areas like Bing search, Xbox LIVE and our emerging
cloud services. Our record third-quarter revenue along with continued
rigor on cost management resulted in exceptional EPS growth."
When looking specifically at Windows revenue, that was up 28% compared
to this quarter last year, with Windows 7
demand deemed "strong."
Today, over 10% of all PCs in the world have made the transition to
Win7, making it the "fastest-selling operating system in history."
What's really interesting here is the lack of talk surrounding Bing,
Zune and Xbox. We know Windows 7 is the main driver here, but notes
surrounding those other sectors would've been great. In fact, shares of
the company dipped after the results were announced, signaling that
investors were happy (but not happy enough) about the results.
It's tough to impress these days, it seems.