Microsoft reports record revenue and 22% sales growth during fiscal Q4

MicrosoftPosting what Chief Financial Officer Peter Klein described as “broad and deep” results, Microsoft recently reported record revenue during its fiscal fourth quarter, as well as a notable growth in profits – with double-digit growth witnessed by all of the company’s divisions.

Noting that the recent increase in corporate spending, reflecting a robust tech industry, helped Microsoft achieve record sales during the quarter, Klein - during a conference call with Wall Street analysts – said: “We are encouraged by the resurgence of business PC shipments.”

Statistically speaking, Microsoft’s total revenue for its fiscal fourth quarter was $16.04 billion, which beat the Thomas Reuters-surveyed analysts’ prediction of $15.27 billion revenue; and resulted from a 22 percent growth in the company’s sales.

While the year-on-year sales of Microsoft’s Windows increased to $4.55 billion from last year same quarter’s $3.17 billion; sales of Office and other business products increased from $4.57 billion to $5.25 billion.

Furthermore, the quarterly net income figures for the company stood at $4.52 billion, or 51 cents per share; not only surpassing the analysts expectations of 46 cents per share, but also marking a 48 percent year-on-year rise from the $3.05 billion, or 34 cents per share, figure during the same quarter last year.

For its fiscal year as a whole, Microsoft reported that its revenue had increased 7 percent to $62.48 billion; and its net income had witnessed a 29 percent increase to $18.76 billion.