Microsoft earnings boost with new Windows
Microsoft's third-quarter earnings rose 65 per cent as revenues were boosted by sales of its new Windows Vista.business Updated: Apr 27, 2007 10:37 IST
Microsoft's third-quarter earnings rose 65 per cent as revenues were boosted by sales of its new Windows and Office programmes, the world's biggest software maker said.
Net profit was $4.93 billion, or 50 cents a share, up from $2.98 billion, or 29 cents a share, a year ago. Sales rose 32 per cent to $14.4 billion, the company said.
That figure included revenue from upgrade coupons for Vista, which were sold over the year-end holidays but could only be recorded in the third quarter.
"This quarter marked the consumer launches of Windows Vista and the 2007 Microsoft Office system, and we are delighted with the positive customer response these products have received," chief operating officer Kevin Turner said in a statemen.