Microsoft to double ad revenue: CEO
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Will double its advertising revenue in five years as it ramps up its search services to rival Web search leader Google Inc. BELLEVUE: Microsoft Corp.
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Microsoft posted its first-quarter 2005 financial results last week, reporting revenue of US$9.19 billion and net income of $2.9 billion.
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Bill Gates is about to announce a new step in Microsoft's (Nasdaq: MSFT) home-entertainment strategy.
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Media conglomerate NBC Universal aims   to more than double revenue from its digital businesses to   about $1 billion by 2009 from an estimated $400 million this   year, a source familiar with its plans said on Monday.
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Microsoft's CEO tells financial analysts that the company has a plan to take on its major rival. Yahoo could speed up the plan, but it will build its ad business, regardless.
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Microsoft, the world's largest maker of computer software, reports a doubling of quarterly profits.
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Microsoft Corp  Chief  Executive Steve Ballmer said on Thursday it will probably buy  up to 20 companies a year at a cost of anywhere from $50  million to $1 billion for the next five years.
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Microsoft Corp. said on Wednesday it expects to sell twice as many copies of its new Vista PC operating system in its first year on sale compared with the launch of its last major upgrade, Windows XP, in 2001.
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Microsoft beat Wall Street expectations for both revenue and EPS (earnings per share) for its fiscal 2008 second quarter, attributing its strong quarter to sales of core client products, such as Windows Vista and Office 2007, as well as Exchange and SharePoint server software.For the quarter ended Dec. 31, Microsoft reported revenue of $16.37 billion, an increase of 30 percent year over year and a number that solidly beat the $15.95 billion in revenue that Thomson Financial analysts had estimated. Last year for the same period, Microsoft reported $12.54 billion in revenue.Diluted earnings per share were $0.50, an increase of 92 percent over the $0.27 in EPS reported last year, and $0.04 higher than Thomson Financial estimates of $0.46. Operating income for the quarter was $6.48 billion, an increase of 92 percent from the $3.47 billion reported for the same period last year.Microsoft&#39;s year-over-year percentage growth is higher than normal due to a deferral of $1.64 billion in revenue and operating income, as well as $0.11 of diluted earnings per share from the second to the third quarter of fiscal 2007. This deferred revenue contributed to the higher-than-average second-quarter percentage growth. Without these deferrals, second-quarter growth rates for revenue, operating income and earnings per share would be 15 percent, 27 percent and 32 percent, respectively, for the quarter reported Thursday.Ahead of Microsoft&#39;s announcement, analysts had expected the company to report a strong quarter even among economic uncertainty and fears that the U.S. economy is entering a recession.Microsoft&#39;s client business, on sales of Windows Vista, was especially strong in the quarter, with $4.34 billion in revenue compared to $2.59 billion in revenue a year ago. According to Microsoft, its client business has grown 20 percent on average since Windows Vista was made available nearly a year ago, and the company believes Vista began hitting its stride for adoption among customers and partners in the second quarter. According to Microsoft, it has sold more than 100 million licenses for Vista.Looking ahead to the next quarter, which ends March 31, Microsoft said Thursday that it expects revenue in the range of $14.3 billion to $14.6 billion; operating income in the range of $5.6 billion to $5.7 billion; and diluted earnings per share in the range of $0.43 to $0.45.For the full fiscal year ending June 30, Microsoft expects revenue in the range of $59.9 billion to $60.5 billion; operating income in the range of $24.2 billion to $24.4 billion; and diluted EPS in the range of $1.85 to $1.88.
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Despite solid Q1 news, Microsoft&#39;s revenue forecast for the current quarter fell below estimates. For the current fiscal second quarter, which ends in December, Microsoft forecast revenue
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At his Sunday-evening CES keynote, Bill Gates announced that Microsoft has sold more than 100 million Vista licenses so far. The number requires some elucidation.
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Microsoft Corp. has struck a deal to provide advertising for social networking site Facebook, in one of the first high-profile agreements for the software maker's online advertising platform.
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Take that, Apple Microsoft reported fiscal second-quarter earnings that surpassed Wall Street's already lofty expectations, as sales of PCs and Xboxes soared. The company also forecast future results that met or beat analysts' outlook.â¦
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Microsoft said that it expects Windows XP to make up a significantly larger part of sales in the coming year.
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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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TechWeb - The combined revenue of Microsoft's client, business, and server and tools divisions grew by more than 20%, the company said.
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Microsoft Corp. , the world's largest software maker, on Thursday reported that its quarterly profit doubled on stronger demand for personal computers and video games as well as lower costs.