Microsoft on October 20 announced record first-quarter revenue of $17.37 billion for the quarter ended Sept. 30, 2011, a 7% increase from the same period of the prior year.
"Reporting a net income of $5.74 billion, or 68 cents a share for Q1 FY2012. Non-GAAP earnings were 68 cents a share on a revenue of $17.37 billion, up 7 percent from the same period a year ago."
"Operating income, net income, and diluted earnings per share for the quarter were $7.20 billion, $5.74 billion, and $0.68 per share, which represented increases of 1%, 6%, and 10%, respectively, when compared with the prior year period," Microsoft stated in a press release.
Both cloud and on-premises versions of its Office products were the star in Microsoft's first fiscal 2012 quarter results.
"We had another strong quarter for Office, SharePoint, Exchange, and Lync, and saw growing demand for our public and private cloud services including Office 365, Dynamics CRM Online, and Windows Azure," said Kevin Turner, chief operating officer at Microsoft. "With a great set of consumer products like Windows 7 PCs, Windows Phone 7.5, Xbox and Kinect, we are excited about the holiday buying season."
Here are the numbers from the Microsoft press statement:
- Microsoft Business Division (MBD) reported $5.62 billion in first quarter revenue, an 8% increase from the prior year period which included the launch of Office 2010. Revenue from Microsoft's productivity server offerings - including Lync, SharePoint, and Exchange - grew double-digits, and the Dynamics business grew 17% in the quarter.
- Server & Tools segment posted $4.25 billion in Q1 revenue, a 10% increase over the prior year period and the sixth consecutive quarter of double-digit revenue growth. Microsoft also unveiled a developer preview of "Windows Server 8" at the BUILD developer conference in September.
- Windows and Windows Live Division revenue was $4.87 billion, a 2% increase over the prior period, in line with the PC market. Windows 7 momentum continued with over 450 million licenses sold since launch. At the BUILD conference, Microsoft showcased and released a developer preview of the next major release of Windows, "Windows 8."
- Windows Phone 7.5 released with a broad array of new features, and received favorable reviews.
- Bing organic US market share grew 350 basis points year over year to 14.7% while Bing-powered US market share, including Yahoo! properties, was approximately 27%. The company also showcased the increasing integration of Bing across other products such as Xbox and Windows Phone.
- Xbox was the top-selling gaming console in the US for the ninth consecutive month. The company launched the Gears of War 3 game with over three million copies sold in the first week, and announced plans to roll out the next generation of TV entertainment on Xbox LIVE with nearly 40 content providers starting this holiday season.
- Microsoft completed its acquisition of Skype.