There were whispers that Apple’s latest quarterly earnings — $15.7 billion — could best those of rival Microsoft, however today, the Redmond company put all of that to rest. The first few sentences of Microsoft’s earnings release explains it all:
Microsoft Corp. today 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. Operating income, net income and diluted earnings per share for the quarter were $5.93 billion, $4.52 billion and $0.51 per share, which represented increases of 49%, 48% and 50%, respectively, when compared with the prior year period.
That’s how it’s done! Microsoft’s fiscal calendar is obviously a little different that most, so here is their year-end recap:
For the fiscal year ended June 30, 2010, Microsoft reported record revenue of $62.48 billion, a 7% increase from the prior year. Operating income, net income and diluted earnings per share for the year were $24.10 billion, $18.76 billion and $2.10, which represented increases of 18%, 29% and 30%, respectively, when compared with the prior year.
Looks good, now lets burn some of that cash getting Windows Phone 7 out of the door, and fast!