Linked by Thom Holwerda on Fri 26th Oct 2007 15:31 UTC
Strong sales of new and old products alike led Microsoft to its fastest first-quarter growth in eight years, with the company reporting growth in all five business segments and both revenue and earnings per share that beat analyst expectations. Revenue for the fiscal quarter ended Sept. 30 was up 27 percent at USD 13.76 billion compared to USD 10.81 billion a year ago, Microsoft said Thursday. Consensus estimates from Thomson First Call analysts were for the company to generate revenue of USD 12.57 billion. Microsoft's EPS for the quarter was USD 0.45, which also soundly beat Thomson First Call consensus estimate of USD 0.39. Net income for the quarter was USD 4.29 billion, a 23 percent increase over the USD 3.48 billion reported a year ago. At USD 5.92 billion, operating income for the quarter also had double-digit percentage growth: an increase of more than 25 percent over operating income reported for the same period last year of USD 4.47 billion.
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Member since:
2006-02-05
The problem is that in this new era of globalization, big corporations have gone transnational, and most governments can do little to stop them, because the scope of their existence goes beyond the borders of any country.
If the american governament had split up ms into several companies like they were talking about doing, back in the anti-trust litigation days, the intel based pc OS market would have corrected itself years ago. As it stands, I dont see it happening any time soon. No one product of MS really needs to turn a profit, they have so much money that they can give their various offerings the time they need to become competitive. Vista was a flop? I'm sure they care, but I doubt anyone is worried about the future of the company. Their revenue is enough to spend another 5 years fixing it if they need to. The Zune is a joke? Maybe it is now, but after a few years of revisions and building up a client base, I could definitely see it being serious iPod competition. MS office used to just be an office suite, but now it is at the point where it is hard to imagine doing business without it (completely IGNORING outlook and exchange. I know you are a Linux guy, but take a real good look at The Groove or OneNote from 2k7. I have only been using them for a year, but the Groove has quickly become a part of how my small business works, and OneNote has become part of how i think.)
MS has the capital, manpower, and brainshare to turn new ventures into successes through pure brute force, and they are not scared to leverage it.