Tuesday, November 23, 2010

Microsoft Reports Record First Quarter Sales Numbers




Microsoft released their sales figures for first quarter of 2011 at the close of trading last Thursday. They report record revenue at $16.20 billion, a 25 percent increase from the same quarter in 2009. This set a record first for the company.

Microsoft reports that its record growth is accredited to three of their products in particular;

Firstly, Windows 7 shipped 240 million licences in its first year, shipping 60 million within the first three months of release. Microsoft also reports that sales haven't let up, and continue to climb. The Windows divison of Microsoft had its revenue rise from $2.9 billion to $4.8 billion. Profit secured was $3.3 billion.

Secondly, Microsoft Office 2010 showed remarkable revenue growth - over 15 percent in its first full quarter. Revenue of the company's business package, including Microsoft Office, rose from $4.5 billion to $5.1 billion, a profit of $3.4 billion.

Third, Xbox 360 console sales grew a reported 38 percent and outsold every competing console in the US for the past four months. Microsoft reported revenue from their Entertainment and Devices Division, which includes Xbox 360, rose from $1.5 billion to $1.8 billion with a $382 million profit.

Microsoft says that the key to their success was growing their revenue while carefully controlling their costs, allowing them to deliver another quarter of year-after-year margin expansion.

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