Microsoft reports 35 per cent profit growth

Microsoft has released its results for the quarter ending on March 31st, reporting 35 per cent year-on-year growth.

The growth was primarily driven by strong demand for Windows 7, with Windows revenue increasing by 28 per cent. According to Microsoft’s figures, its latest operating system now accounts for over 10 per cent of global market share.

Total revenue for the quarter was $14.81 billion, representing an eight per cent increase over the previous year.

“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,” said Microsoft’s CFO Peter Klein. “Our record third-quarter revenue along with continued rigor on cost management resulted in exceptional earnings-per-share growth.”