Microsoft announced record Q4 Revenue of $16.04 billion

Jul 23 2010, 2:08am CDT | by Luigi Lugmayr

Microsoft announced record fourth-quarter revenue of $16.04 billion for the quarter ended June 30, 2010, a 22% increase from the same period of the prior year. This is far more than Apple's revenue for Q3. Some predicted that Apple would have higher revenue than Microsoft this quarter.
Microsoft highlights the successful launch of Office 2010 and strong performance from existing products including Windows 7, which has sold more than 175 million licenses to date, Windows Server, Xbox, and Bing, which achieved its 13th consecutive month of share gain.

"We saw strong sales execution across all of our businesses, particularly in the enterprise with Windows 7 and Office 2010," said Kevin Turner, chief operating officer. "Our transition to cloud services is well underway with offerings like Windows Azure and our Business Productivity Online Services, and we look forward to continuing our product momentum this fall with the upcoming launches of Windows Phone 7 and Xbox Kinect."
Via this Microsoft announcement.

Microsoft is still going strong. The gigantic Windows install base makes it possible and buys Microsoft enough time to compensate lag in areas like smartphones and tablets.

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Luigi Lugmayr
Luigi is the founding chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com. Luigi posts regularly on LuigiMe.com about his experience running I4U.