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Microsoft: Ha ha, my Wall Street friends - THIS time the victory is OURS | |
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| Time: 12:30 EST/17:30 GMT | News Source: The Register | Posted By: Byron Hinson | ||
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Microsoft disclosed on Thursday its earnings for the first time since outgoing CEO Steve Ballmer announced the company's radical restructuring in July, and from all appearances, all is well in Redmond. The software behemoth reported profits of $5.24bn (up 17 per cent year on year) and earnings per share of $0.63 on record first-quarter revenues of $18.53bn (up 16 per cent), handily beating even the highest analysts' estimates for the three months ending on September 30. Of the five new reporting units that were created to align with Redmond's new "One Microsoft" strategy, Devices & Consumer Licensing – the division that covers most retail and OEM software sales to consumers, plus Windows Phone – was the only one that appeared to struggle. | ||
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