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Microsoft Reports £10.8 Billion Revenue For Q3

Microsoft has just announced its financial reports for the past quarter and as analysts expected, the software maker has seen a significant increase in revenue, totalling £10.8 billion.

This report describes the third quarter of this fiscal year, a period which ended on 31 March 2012. During this time frame, Microsoft has experienced a six per cent increase in total revenue compared with the same interval from last year.

The operating income rose 12 per cent from last year, and now measures approximately £3.95 billion. The net income was claimed to be £3.17 billion, a minimal drop from the £3.24 billion mark of the last season. Another decrease was seen in diluted earnings, where shares dropped from £0.38 to £0.37.

These figures come as a result of the increase in software sale, where the Server & Tools business rose by 14 per cent, System Centre with more than 20 per cent, Microsoft's Business Division with almost 9 per cent and lastly, Dynamic CRM, which experienced a 30 per cent increase.

The Windows business continues to grow for Microsoft, reporting a 4 per cent increase, while the latest finalised product, Windows 7, has been adopted on 40 per cent of all enterprise desktops. "We saw strong demand for our business desktop and infrastructure offerings," said Peter Klein, chief financial officer at Microsoft.

The company's revenue is also expected to climb in the following period, with the launch of the Windows 8, Windows Phone 8, Office 15, Halo 4 as well as many other titles.

Source: Microsoft (opens in new tab)