29 Jan 2010
Microsoft has reported strong results for its second quarter of 2009 ending 31 December, with profits up 60 per cent on the back of strong PC sales.
The company posted profits of $6.66bn (£4.12bn), up 60 per cent on the same period last year. Revenues reached $19.02bn (£11.78bn).
"Exceptional demand for Windows 7 led to positive top-line growth for the company," said Peter Klein, chief financial officer at Microsoft. "Our continuing commitment to managing costs allowed us to drive earnings performance ahead of the revenue growth."
Microsoft sold more than 60 million licences for Windows 7, making it the fastest selling operating system in history. The vast bulk of these came from the sale of new computers.
"This is a record quarter for Windows units," said Kevin Turner, chief operating officer at Microsoft. "We are thrilled by the consumer reception to Windows 7 and by business enthusiasm to adopt Windows 7."
The results add fresh evidence of a marked increase in PC sales. Consumer sales of computers over the crucial Christmas period were strong, and there are continuing signs that businesses are starting a major refresh cycle.
Latest stories from Operating Systems
Related articles
Related jobs
Poll
Are you confident that the UK's IT infrastructure is secure from attack in the wake of the Flame malware revelations?
Orange and Intel talk us through the ins and outs of their San Diego smartphone
Connect with V3.co.uk
The wrong printers, for the wrong tasks on the wrong contracts
Who leads the BI pack and who should we be watching out for?
2nd & 3rd Line CRM Support Analyst / MS CRM Systsems...
Digital Insight Manager, Hertfordshire, £28,000. An...
Enterprise / Solutions Architect. Salary £60,000 - £90...
Business Intelligence Developer - Leeds. Salary £35,000...
Keep up to date with the latest products, services and technologies from the world's leading IT companies. IThound.com brings you over 2,000 white papers, case studies and analyst reports.
Do you agree?