Strong enterprise and Xbox momentum drive a sales growth of 13% and earnings per share of $0.61.
Redmond, Washington - 28 Apr 2011 - Microsoft Corp. today announced third quarter sales of $16.43 billion for the quarter end March 31, 2011, an increase of 13% over the same period of last year. Operating profit, net income and diluted earnings per share for the quarter $ 5.71 billion 5.23 billion $ and $0.61 per share, presented, the increases of 10%, 31% and 36%, respectively, compared with the same period last year. Diluted earnings per share $0.05 in connection with an agreement with the U.S. Internal Revenue Service, one included a tax benefit settle part of their audit of the tax years 2004 to 2006.
"We strong financial results despite a mixed environment with PC supplied, which demonstrates the strength and breadth of our company," said Peter Klein, chief financial officer at Microsoft. "Consumers purchase Office 2010, Xbox, and Kinect with enormous rate, and businesses of all sizes have acquired Microsoft platforms and applications."
Microsoft Business Division sales grew 21% Year-Over year. Since its release last spring Office 2010 has become the fastest-selling version of Office in the history, and the integrated innovation with SharePoint, Exchange, Lync and Dynamics CRM is driving significant growth for the Division.
& Server tools grew 11% Year-Over year for the fourth consecutive double-digit quarter. Strong business adoption of Windows Server 2008 R2, SQL Server 2008 R2 and System Center drive record sales and margin expansion.
Windows 7 is the fastest selling operating system in history with 350 million licenses sold. Sales in the segment was influence by 4% in the third quarter, in line with the PC trends, without previous year launch.
Online Services Division sales grew 14% Year-Over year mainly driven by higher sales search. Bing's us share increased to 13.9% this quarter looking for.
&Amp; division grew entertainment devices 60% Year-Over year, driven by Kinect for the Xbox 360, the fastest selling consumer electronics device in history, continued strong Xbox 360 console sales and growth of Xbox Live.
"Delivered we strongly in the third quarter income from our business customers, driven by the outstanding performance of Windows Server, SQL database, SharePoint, Exchange, Lync and increasingly our cloud services," said Kevin Turner, Chief Operating Officer at Microsoft. "Office had another huge quarter, more than all expectations, and the addition of Office 365 still convincing make our cloud productivity solutions." "We continued strong adoption of our cloud based services among Fortune 500 companies."
Business Outlook
Microsoft reaffirms guidance of 26.9 billion operating costs $ until $27.3 billion for the full fiscal year 30 June offers 2011. Microsoft also preliminary fiscal year 2012 operating costs led by 3% to 5% growth from the center of the financial year 2011 guide or $28.0 billion on 28.6 billion $.
Webcast details
Peter Klein, chief financial officer, Frank Brod, chief accounting officer, and Bill Koefoed, general manager of investor relations, is a conference call and webcast at 2:30 pm PDT (5:30 pm EDT) details of the company for the quarter's performance today host and certain future-oriented to discuss statements. The session can be accessed at http://www.microsoft.com/investor. 28 Are the webcast for playback by close of business on the APR, 2012.
Information about the Microsoft
1975 Founded and Microsoft (Nasdaq "MSFT") is the world's leading provider of software, services and solutions, to help the people and businesses realize their full potential.
Forward-looking statements
"Forward-looking statements" statements in this release that are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could be due to factors such as differ:
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Execution and competitive risks in the transition to cloud based computing;
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Challenges to Microsoft's business model;
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intense competition in all Microsoft markets;
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Microsoft's continued ability to protect its intellectual property rights;
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claims that Microsoft violated the intellectual property rights of third parties;
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the possibility of unauthorized disclosure of important parts of the source code of Microsoft;
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result in actual or perceived security vulnerabilities in Microsoft products, to reduce the revenue or to liability;
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improper disclosure of personal data could result in liability and Microsoft's reputation damage;
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Failures and errors of services for customers directly or through third parties Microsoft fails to maintain an adequate operations infrastructure;
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Government drafts litigation and regulation such as Microsoft and distributes its products concern;
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Microsoft ability to attract and keep talented employees;
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Delays in product development and relative product release schedules.
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major business investment, the customer acceptance and produce offsetting increases in revenue; win
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relating to adverse changes in general economic conditions, failure of our partner networks or channels, or the availability of credit, the demand for Microsoft products and services, or the value of our investment portfolio;
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adverse results in litigation;
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unforeseen debt;
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Quality or delivery problems in Microsoft's consumer hardware or other vertically integrated hardware and software products;
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A fee to the result; causes impairment of business or goodwill or depreciable intangible assets
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Exposure to increased economic and legal uncertainty of operating an international company;
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geopolitical conditions, natural disaster, cyberattack, or other disaster interruption of Microsoft's business; and
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Acquisitions and joint ventures, which negatively affect the business.
For more information about the risks and uncertainties associated with Microsoft business, see that "1.1 discussion and analysis of financial condition and results of operations" and "Risk factors" sections of Microsoft's SEC filings, including, but not limited to, its annual report on form 10-K and quarterly reports on form 10-Q, Copies of which may be obtained Relations Department at (800) 285-7772 or at Microsoft Investor relations Web site at http://www.microsoft.com/investor by contact with Microsoft's investor.
28 Is all information in this release as the APR, 2011. The company assumes no duty to update any forward-looking statements, the statement to actual results or changes of the company to meet expectations.
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