Microsoft Q3 revenue up 6% at $17.41 billion

Telecom Lead America: Microsoft has posted 6 percent
increase in Q3 2011-12 revenue at $17.41 billion from the prior year period.


Operating income was $6.37 billion, up 12 percent from
the prior year period.


Net income for the quarter was $5.11 billion compared
with $5.23 billion in the prior year period.


With the upcoming release of new Windows 8 PCs and
tablets, the next version of Office, and a wide array of products and services
for the enterprise and consumers, we will be delivering exceptional value to
all our customers in the year ahead,” said Steve Ballmer, chief executive
officer at Microsoft.


The Server & Tools business posted $4.57 billion in
third-quarter revenue, a 14 percent increase from the prior year period, driven
by double-digit revenue growth in SQL Server and more than 20 percent growth in
System Center revenue.


The Microsoft Business Division reported $5.81 billion in
third-quarter revenue, a 9 percent increase from the prior year period,
reflecting the continued strength of Office 2010 with businesses and consumers.


Dynamics posted an 11 percent revenue increase from the
prior year period, with Dynamics CRM revenue growing more than 30 percent.


The Windows and Windows Live Division posted revenue of
$4.62 billion, a 4 percent increase from the prior year period. Strong Windows
7 adoption continued with enterprise desktops on Windows 7 now up to 40 percent
worldwide.


The Online Services Division reported revenue of $707
million, a 6 percent increase from the prior year period, and operating loss
improvement of approximately $300 million.


The Entertainment & Devices Division posted revenue
of $1.62 billion, a decrease of 16 percent from the prior period due to a soft
gaming console market. Xbox remained the top-selling console in the U.S. for
the 15th consecutive month, and the company announced new television content
partners and experiences for its 40 million Xbox LIVE members.


We continue to execute well across our businesses, and
we are seeing robust demand for our enterprise products and services. Our
investments and offerings in the database platform and public, private, and
hybrid cloud are helping our customers transform their operations to meet
today’s evolving business demands,” said Kevin Turner, chief operating officer
at Microsoft.


Microsoft is revising operating expense guidance downward
and now offers a range of $28.3 billion to $28.7 billion for the full year
ending June 30, 2012. Microsoft also offers preliminary fiscal year 2013
operating expense guidance of $30.3 billion to $30.9 billion, representing 6
percent to 8 percent growth from the mid-point of fiscal year 2012 guidance.


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