Microsoft Reports $6.66 Billion Net Income, Thanks To Soaring Windows 7 Sales
Last October, PC users who were fed up with Vista's annoyances were given a way out (multiple ways out, if you consider the various versions of Windows 7), and evidently quite a few took advantage of the opportunity. Revenue in the Windows division alone shot up 70% during the last quarter, which helped to overshadow other divisions that were either flat or down. Still, this is all a great sign of what's to come, and even Microsoft has stated that consumer demand is now "healthy." That's quite the contrast compared to consumer demand 9 or 10 months ago.
For the quarter ended December 31, 2009, Microsoft reported net income of $6.66 billion, a devilish figure that the company will gladly take. A year ago this same quarter, net income sat at "just" $4.17 billion. The performance beat even Wall Street's estimates, as the company sold through some 60 million Windows licenses. That little fact means that Windows 7 is the fastest selling operating system in the company's history, and we have a hunch it had just as much to do with Vista's bad reputation as it did with the high quality of Windows 7.
Now, if only Microsoft would go ahead and come clean with Windows Mobile 7, maybe we could look forward to yet another record-breaking quarter as consumer flock to upgrade from WinMo 6.