Posting 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.
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