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Microsoft Posts Profitable Q1 Results, Registers 6% Increase in Net Income

Microsoft Corp. has announced a 6% increase in the company's net income for the July to September quarter.

With this, the company's overall income during the quarter had reached the $5.74 billion mark. According to reports, the impressive growth in the company's net income was primarily driven by a boost in the sales of its MS Office suite.

Microsoft revealed that the sales figures of its business software underwent a rather impressive growth -- almost by 8%, thus taking it to $5.62 billion. Meanwhile, the revenues generated by the company's server and tool division also climbed up by almost 10%, touching the $4.25 billion mark.

"We saw customer demand across the breadth of our products, resulting in record first-quarter revenue..." Microsoft Chief Financial Officer Peter Klein said, according to a report by the AFP (opens in new tab). "Our product portfolio is performing well, and we have got an impressive pipeline of products and services that positions us well for future growth," he added.

On the other not-so-good end of the spectrum, the company's struggle in its Windows OS business continues. Plagued by low demand of PCs in the market, the Windows OS division of the company could register only a 2% growth in terms of sales.

Ravi Mandalia

Ravi Mandalla was ITProPortal's Sub Editor (and a contributing writer) for two years from 2011. Based in Ahmedabad, India, Ravi is now the owner and founder of Parity Media Pvt. Ltd., a news and media company, which specializes in online publishing, technology news and analysis, reviews, web site traffic growth, web site UI. Ravi lists his specialist subjects as: Enterprise, IT, Technology, Gadgets, Business, High Net Worth Individuals, Online Publishing, Advertising, Marketing, Social Media, News, Reviews, Audio, Video, and Multi-Media. He has also previously worked as Dy. Manager - IT Security at (n)Code Solutions.