Microsoft Corp., the world’s largest software company, has reported a meteoric increase in its profit and revenue for the last quarter of 2009, thanks to the Windows 7 operating system, which has emerged as the fastest-selling OS of all time.
The company, which is headquartered in Redmond, Washington, revealed that its net income increased by 60 percent to end-up at $6.6 billion or 74 cents a share, a lot more than what several analysts had predicted. Meanwhile, the revenue went up by 14 percent to $19 billion.
Since the launch of Windows 7 in October, the blockbuster operating system has sold over 60 million copies in a significantly short period of time, reported Microsoft. The company’s Chief Operating Officer, Kevin Turner, commenting on the exceptional financial results, said that “This is a record quarter for Windows units. We are thrilled by the consumer reception to Windows 7 and by business enthusiasm to adopt Windows 7.”
On the other hand, Microsoft’s Windows and Windows Live division posted an increase of 98 percent in its net income, which was pegged at $5.3 billion. However, despite an overall increase, Microsoft’s Online Business division registered a fall of 4.5 percent to $581 million, while it’s Entertainment and Device division, which includes Xbox and Windows Mobile saw revenue drop 10 per cent to $2.9bn.