Profits at Microsoft for the key second quarter, which took in both Thanksgiving and Christmas, soared 79 per cent boosted by sales of Vista and its Xbox 360 console.The Redmond-based firm's net profit for October to December was $4.7 billion (£2.4 billion), compared with $2.6 billion (£1.31 billion) in 2006. However, the rise is exaggerated from 2006's figure due to the delays to Vista.
The profits are ahead of analyst targets, with Microsoft's revenues for the last quarter growing by 30 per cent to $16.37 billion (£8.26 billion).
The company cited its games and client divisions as the reason for the growth.
Revenues at its Home and Entertainment division rose 3.1 per cent to $3.06 billion (£1.5 billion), with the Xbox 360 and Halo 3 performing particularly well. Shipments of Vista also performed well, boosted by double-digit rises in global computer sales.
Advertisement
Related Stories
- VLC 2.0 announced Feb 14th 2012 at 6:38AM
- Over half of UK companies infected by malware Feb 13th 2012 at 11:57AM
- Microsoft gets heavy on educational pricing Feb 13th 2012 at 5:54AM
- Windows 8 'consumer preview' at the end of February Feb 9th 2012 at 7:36AM
- Microsoft gets stingy with Technet Feb 6th 2012 at 7:11AM
- Microsoft UK pricing could rise Feb 3rd 2012 at 12:06PM
- Microsoft Windows Phone 8 details emerge Feb 3rd 2012 at 6:49AM
- Star Wars: The Old Republic hits two million units sold Feb 2nd 2012 at 2:22PM
Follow Follow this article if you would like to receive notifications of updates.
Add a new comment
You need to be logged in to post comments. If you do not have an account then please register.
Comments
0 comments
There are no comments yet, be the first to add one!