In these dire economic times any bit of good news is as welcome as Publishers Clearinghouse at your front door. Microsoft may not be Ed McMahon, but it does have some bright money news.
As it does seemingly every quarter, Microsoft sales and profits are up (for some dang reasons this good news never lifts the stock).
The company pulled in more than $14 billion in revenue this past quarter -- up 7 percent from the quarter last year.
Microsoft is so big and diversified that it can absorb huge losses in some areas because it pulls in huge profits in others. That's the case this quarter.
Microsoft online lost almost as much as it pulled in. The losses were $494 million (yeah, that is just for one quarter) on sales of $625 million. The only bright spot was revenues which were up 16 percent.
Critics love to say Microsoft doesn't innovate. Try telling that to the Entertainment and Devices Division which pulled in nearly $2 billion (yeah, that is just for one quarter). Can you say Xbox and Kinect? I thought you could.
Posted by Doug Barney on 10/21/2011 at 1:18 PM
Microsoft this week included some Windows 11 client news amid its many Build announcements for developers, promising to soon deliver new features to Windows 11 version 22H2 users.
Microsoft this week announced a few product additions to Microsoft Entra, which is Microsoft's branded suite of identity and access management solutions.
Microsoft this week described a bunch of Microsoft Edge browser enhancements as part of its Build developer event announcements.
Microsoft Mesh, the company's mixed reality communication and collaboration platform, will be hitting private preview this week.
"It does feel like every week, there is something new," said Microsoft CEO Satya Nadella on Tuesday, during the opening keynote of Build 2023.
More Tech Library