Microsoft lifted by record sales

Buttons with Microsoft logoMicrosoft said it had been an “exceptional” quarter

Microsoft has announced a 51% rise in first-quarter profit, thanks to higher sales of its flagship Windows and Office software.

Net profit for the three months to September came in at $5.4bn (£3.4bn).

Revenues increased by 25% to $16.2bn – a company record for the first quarter.

But Microsoft said that in the same quarter last year it had deferred some revenue from Windows sales. Had it not done so, its net profit would have been only 16% higher in comparison.

“This was an exceptional quarter, combining solid enterprise growth and continued strong consumer demand for Office 2010, Windows 7, and Xbox 360 consoles and games,” said Peter Klein, chief financial officer at Microsoft.

Windows sales rose 66% on a year earlier to $4.8bn, while Office and other business software brought in $5.1bn, a 14% increase on last year.

This article is from the BBC News website. © British Broadcasting Corporation, The BBC is not responsible for the content of external internet sites.

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