Microsoft recorded $12.92 billion revenue for First-Quarter

Microsoft announced that for the quarter ended on Sep 30, 2009, it accounted for revenue of $12.92 billion, a 14% decline from same period of the prior year. Operating income, net income and diluted earnings per share for quarter were $4.48 billion, $3.57 billion and $0.40 per share, which represented declines of 25%, 18% and 17%, respectively, when compared with […]

Microsoft announced that for the quarter ended on Sep 30, 2009, it accounted for revenue of $12.92 billion, a 14% decline from same period of the prior year. Operating income, net income and diluted earnings per share for quarter were $4.48 billion, $3.57 billion and $0.40 per share, which represented declines of 25%, 18% and 17%, respectively, when compared with the prior year period. Still, Microsoft noted that the “results were positive and that string customer demand had made the Windows and Xbox businesses exceed expectations. These financial results reflect deferral of $1.47 billion of revenue, an impact of $0.12 of diluted earnings per share, relating to Windows 7 Upgrade Option program and sales of Windows 7 to OEMs and retailers before general availability,” said Kevin Turner.