Microsoft released today its second-quarter revenue, which quiet impressively tops up at $19.95 billion for their quarter that ended December 31.
Most analysts predicted Microsoft’s earnings to only be at 69 center per share, however since the recent launch of Kinect, their controller-less game add-on their earning are up to 77 cents per share. â€œWe are enthusiastic about the consumer response to our holiday lineup of products, including the launch of Kinect. The 8 million units of Kinect sensors sold in just 60 days far exceeded our expectations,â€ said Peter Klein, CFO at Microsoft. The addition of holiday sales, and the holiday demand for the new slim Xbox sent Microsoft’s profits skyrocketing.
Microsoft managed to make $6.63 billion in profit for Q2 in 2011. Comparing Microsoft’s and Apple’s earnings Apple only came out with $6 billion at the end of 2010, leaving Microsoft on top as one of the most profitable companies, for now.
It is no surprise that the Entertainment & Devices Division at Microsoft experienced a 55% revenue growth. Like the years before the Business Division at Microsoft grew 24% from the Office 2010 launch, which the 2010 version has been Microsoft’s fastest-selling version in history. Office 2010 sales grew from last quarter to over 50% over Office 2007. With all the success Microsoft also notes that Windows 7 is its fastest-growing operating system in the history of the company, and the recent System on a Chip demonstrates that Microsoft is pushing forward to make their operating system powerful enough to run anywhere.
- Windows Phone 7 launched during the quarter in 30 countries and on 60 operators and nine different devices. Microsoft announced developers are adding Windows Phone 7 applications to the marketplace at a rate of over 100 per day.
- Microsoft has now sold over 300 million Windows 7 licenses, and is now running on over 20% of Internet-connected PCs.
- Internet Explorer 9 is Microsoftâ€™s fastest downloaded beta browser of all time with over 20 million downloads to date.
- Bing completed the integration of Yahoo! search in the U.S. and Canada and continues to gain share.
- Microsoft announced that the next version of Windows will support System on a Chip architectures.