Microsoft posts record quarterly results

Popularity of Windows 7 and Xbox 360 contributed to strong growth, software giant says
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Microsoft has announced record first-quarter results, with revenue at $16.2 billion – up 25 per cent on the same period last year.

Operating income, net income and diluted earnings per share for the quarter to September 10th this year were all up by over 50 per cent each, at $7.12 billion, $5.41 billion and $0.62 per share respectively.

“This was an exceptional quarter, combining solid enterprise growth and continued strong consumer demand for Office 2010, Windows 7, and Xbox 360 consoles and games,” said Peter Klein, Microsoft’s chief financial officer. “Our ability to grow revenue while continuing to control costs allowed us to deliver another quarter of year-over-year margin expansion.”

The firm reported year-on-year growth across all business segments, with revenue on Office 2010 rising over 15 per cent in its first full quarter in market.

Xbox 360, meanwhile, grew 38 per cent, ranking as the US’s bestselling games console.

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