About an hour before the company's analyst call, Microsoft has unloaded its third quarter fiscal results, which to be blunt, are a marked improvement over last year's momentous (but not in a good way) profits downturn. Reported revenue is $14.5 billion for the quarter ending March 31st, beating Wall Street expectations and culminating in a $4.01 billion net income. Those figures exclude a $305 million deferral related to Office 2010 but do include $78 million the folks in Redmond gave to Yahoo! in a search deal. That didn't help the Online Services Division's bottom line -- it reported a $713 million loss this quarter, compared to a $411 million loss this time last year. On the bright side, the Entertainment and Devices division (of which Xbox is a part) recorded $165 million in earnings, up from a $41 million loss year-over-year. Windows and Windows Live continues to be the breadwinner, unsurprisingly, with a $3.061b operating income (versus $2.273b in 2009 -- before Windows 7's debut). We're still sifting through the paperwork and will also be listening in on Microsoft's 5:30PM ET call, so stay tuned!
0 comments:
Post a Comment
Thank You For Dropping In Your Comment =]