Money, Money, Money, Money...Money!
Microsoft, the company critics like to claim is passé, had another killer quarter. It brought in over $16 billion and an annual run rate of some $64 billion. That ain't chump change.
While Windows faltered a smidge (down 4 percent), the Xbox 360 (and especially Kinect) kicked some major hiney. Office also did well, with Office 2010 showing some impressive upgrade results.
Profits, of over $5 billion, represent about a 30 percent margin (if my internal calculator is reasonably correct).
How can Microsoft set records quarter after quarter and still get no Wall Street respect? Is Microsoft the Rodney Dangerfield of the tech world? Opinions welcome at [email protected].
Posted by Doug Barney on 05/04/2011 at 1:18 PM