Microsoft revenue hits $9.1B in Q1
The company saw server software revenue rise by 19%
Computerworld - Microsoft Corp. today posted its first-quarter 2005 financial results, reporting revenue of $9.19 billion and net income of $2.9 billion. That net income figure was up 11% over the $2.6 billion in net income from the same quarter a year ago.
The figures exceeded the company's own guidance issued in July, when it estimated that its earnings would be between $8.9 billion and $9 billion for the quarter, which ended Sept. 30.
The $9.19 billion in revenue represented a 12% increase over the $8.22 billion posted during the same period one year ago. Basic and diluted earnings per share were 27 cents each, 2 cents per share higher than the company had forecast. That was 3 cents per share higher than earnings per share during the same quarter one year earlier.
"We've had a strong beginning to what we expect will be a very good year, with continued growth in both our commercial and consumer businesses," Microsoft Chief Financial Officer John Connors said in a statement. "This quarter, we had a very healthy commercial server and desktop business driving double-digit revenue growth, and we expect to continue the trend of growing revenue faster than expenses as we work to make each of our businesses more efficient and profitable."
Revenue from Windows and other client software totalled $2.99 billion for the period, up 6.5% from the $2.8 billion recorded one year earlier.
Revenue grew by 18.8% in the company's server software and tools division, which booked $2.24 billion in revenue, compared to $1.88 billion a year earlier. The company's MSN online services division saw revenue rise by 10%, to $540 million from $491 million one year earlier.
The first-quarter figures were off slightly from the company's fourth-quarter 2004 results of $9.29 billion (see story). For the full 2004 fiscal year that ended June 30, Microsoft reported revenue totaling $36.8 billion.
For the second fiscal quarter, which ends Dec. 31, the company estimated revenue will be between $10.3 billion and $10.5 billion, with diluted earnings per share expected to be 28 cents, including stock-based compensation expense.
For the full 2005 fiscal year, which ends next June 30, the company said it expects revenue to be between $38.9 billion and $39.2 billion, with diluted earnings per share between $1.07 and $1.09, including stock-based compensation expenses.
Read more about in Computerworld's Topic Center.
- Silicon Valley's 19 Coolest Places to Work
- Is Windows 8 Development Worth the Trouble?
- 8 Books Every IT Leader Should Read This Year
- 10 Hot Hadoop Startups to Watch
- Slideshow: 7 security mistakes people make with their mobile device
- iOS vs. Android: Which is more secure?
- 11 sure signs you've been hacked
- Infographic: Converged Infrastructure Benefits This Infographic quantifies the savings organizations are realizing from increased deployment speed, higher availability, and lower annual costs.
- CIOs Deliver Productivity Breakthroughs with Intelligent Digital Signage Retailers have long recognized the influence that digital signage provides over a shopper's point-of-purchase decision making process.
- Going Paperless? Here's What You Need to Think About As makers of some of the world's most popular PDF solutions, we often consult with businesses & governmental agencies that have the goal...
- The Big Data Opportunity for HR and Finance If CEOs, CFOs, CIOs, and CHROs want to drive their businesses forward, they will need to quickly recognize the enormous value of big...
- Live Webcast Best Practices: How to Improve Business Continuity with Virtualization VMware solutions include a range of business continuity capabilities to help ensure availability for applications across your virtualized environment. Learn More>>
- Live Webcast LIVE EVENT: 5/7, The End of Data Protection As We Know It. Introducing a Next Generation Data Protection Architecture. Traditional backup is going away, but where does this leave end-users?
- Live Webcast
Enhance Your Virtualization Infrastructure With IBM and Vmware
Date: Wednesday, May 14, 2014, 1:00 PM EDT
Virtualization technology is now expanding beyond the server compute elements to encompass networking and storage...
- Top 4 Digital Signage Fails Join RMG Networks for a look at four of the most common reasons digital signage fails in corporate businesses. Learn about strategies to...
- Building Tomorrow's Infrastructure Listen to this podcast to discover how Crider Foods worked with PC Connection to update their IT infrastructure, while maintaining compliance and control.