Microsoft 1st-Qtr Net Rises as Server Sales Advance
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Microsoft Corp., the world&#39;s largest software maker, said first-quarter profit rose 11 percent as sales of Windows corporate network software increased.
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Net sales for the fiscal Q1 rose 17.1 percent to $6.0 billion, the sixth straight quarter of sequential growth. directs data over the Internet, said quarterly earnings rose 29 percent on stronger demand for
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Microsoft Corp.'s quarterly earnings rose 11 percent over the comparable quarter last year, with strongest growth in sales of server software.
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Microsoft Corp  posted a 7  percent gain in net profit as demand for its Office software  and improved results from its online arm more than compensated  for a $1.1 billion charge to repair Xbox game consoles.
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Buoyed by continued strong worldwide sales of personal computers, the Microsoft Corporation yesterday reported strong growth in profits and sales even as it faces the challenges of being a mature technology company.
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SAN FRANCISCO (CBS.MW) -- Microsoft said Thursday that its fiscal first-quarter net income rose 11 percent from a year earlier as client software sales, server revenue and Xbox sales all rose.
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Business software giant Oracle Corp. said Tuesday that first-quarter earnings rose 16 percent driven by new database license sales that rose 19 percent.
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Amid strong PC demand from consumers and businesses, Microsoft reported on Thursday quarterly revenue and earnings that topped the company&#39;s earlier expectations.
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Microsoft Corp  lifted its full-year forecasts and posted 23 percent quarterly profit growth on Thursday, topping analysts' estimates on strong sales of "Halo 3" and Vista, and sending its shares up 11 percent.
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Microsoft Corp. has announced revenue of $9.19 billion for the quarter, a 12% increase over revenue of $8.22 billion for the same period in the prior year.
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The hard drive maker on Tuesday raised its quarterly  revenue and profit forecasts for the December quarter on strong  seasonal demand for newer products, surpassing analysts'  forecasts.
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Microsoft said its fiscal second-quarter profit topped analystsâ expectations and climbed 79 percent, buoyed by rising sales of Windows-based personal computers.
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MICROSOFT said first revenues were up by 12 per cent as the software company benefited from stronger-than-expected computer and server shipments.
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Quarterly sales of servers running the Linux operating system topped $1 billion for the first time during the third quarter of 2004, analyst company IDC reported Wednesday.
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Global revenue from server sales climbed to $11.5 billion in the second quarter, according to new data from Gartner. This represents a 7.7 percent revenue increase over the same period last year, the market researcher said Wednesday.
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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 EPS (earnings per share) that beat analyst expectations.Revenue for the fiscal quarter ended Sept. 30 was up 27 percent at $13.76 billion compared to $10.81 billion a year ago, Microsoft said Thursday. Consensus estimates from Thomson First Call analysts were for the company to generate revenue of $12.57 billion. Microsoft&#39;s EPS for the quarter was $0.45, which also soundly beat Thomson First Call consensus estimate of $0.39. Net income for the quarter was $4.29 billion, a 23 percent increase over the $3.48 billion reported a year ago.At $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 $4.47 billion.Microsoft&#39;s first quarter was buoyed by the highly anticipated launch of the Xbox 360 game Halo 3 on Sept. 25, just days before the quarter&#39;s close. In its first 24 hours on sale, the game brought in $170 million in sales; it became the fastest selling video game in history after being in the market for just a week and a half, according to the company.Strong performances from Microsoft&#39;s client, business, server and tools, and online divisions also contributed to revenue growth in the quarter. In particular, Microsoft said sales of its Windows Vista OS experienced double-digit growth through multi-year business contracts, and demand for Microsoft Office, Windows Server, and SQL Server was also high.Looking ahead, Microsoft said it expects to report revenue in the range of $15.6 billion to $16.1 billion for its second quarter, which ends Dec. 31. Operating income is expected to be in the range of $5.9 billion to $6.1 billion, while diluted EPS are expected to be between $0.44 to $0.46 for the second quarter, the company said.For its fiscal year 2008, Microsoft expects revenue in the range of $58.8 billion to $59.7 billion and operating income in the range of $23.3 billion to $23.7 billion. Diluted earnings per share are expected to be between $1.78 and $1.81 for the fiscal year, the company said.
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Microsoft is expected to report a sharp  rise in quarterly profit this week, boosted by surging revenue  as strong computer sales drive demand for its Windows operating  system and Office software.