Microsoft announces record Q3 earnings of $16.43 billion in revenue, $5.23 billion of net income driven by Office, Kinect products

By on Apr 28, 2011 at 6:41 PM
General April 28, 2011

Driven by strong growth in its Business and Entertainment & Devices divisions, Microsoft posted record Q3 2011 revenues of $16.43 billion — a 13% increase year-over-year. “We delivered strong financial results despite a mixed PC environment, which demonstrates the strength and breadth of our businesses,” said Microsoft’s chief financial officer, Peter Klein. “Consumers are purchasing Office 2010, Xbox and Kinect at tremendous rates, and businesses of all sizes are purchasing Microsoft platforms and applications.” The company posted $5.71 billion in operating income, $5.23 billion in net income, and $0.61 earnings per share — a 10%, 31%, and 36% increase respectively year-over-year. Microsoft also noted strong revenues from its Online Services division — which includes search — up 14% from Q3 of 2010.

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18 Comments

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  • Anonymous

    $5.23 Billion Profit? THAT’S IT????? MSFT just got their ass handed to them by Apple ($5.99 billion profit). DAYUM.

    • http://twitter.com/tech_whizard Techman

      Did you see the revenue of the Apple and Microsoft? Microsoft pumped more profit with less revenue in comparison to Apple. There are idiots that will buy every shiny product made by Apple.

      • Anonymous

        I’d rather make $6 billion than $5 billion. But that’s just me.

      • Anonymous

        Microsoft also carries 2x as many employees as Apple (which includes the employees at 235 retail stores). So despite having 2x as many employees, Microsoft generates less revenue and less profit than Apple.

      • Anonymous

        Microsoft produces software, which literally costs zero to duplicate. And they’re getting beaten by a hardware company?

        Time for Ballmer to go, I’d say!

  • Anonymous

    Must say xbox did a good thing with the Kinect.. i love mine, makes you active and lazy all at the same time

    • Anonymous

      It’s just too bad half the games for it are dance games, but that should change a year from now when the hardware and APIs are more mature.

  • Anonymous

    @ Louislouis4…when did Apple make a game console?

    • Anonymous

      Since 2007: iPhone, iPod touch, and now, iPad. They are consoles. You can play games on them. They make me lots of moolah.

      • Anonymous

        This is asinine as saying an SUV is a sports car. I know fanboys think it’s cute to spin their allegiance with jingo-isms that compare their products to specialized versions that Apple doesn’t make, but it’s an old gag and seriously retarded.

        Whenever Apple buys Sony or Nintendo (preferably Nintendo) THEN they will have a console. Until then, your analogy is not apt.

        Be less biased.

      • Anonymous

        Why buy Sony or Nintendo when those two companies will go bankrupt within the next few years?

    • Anonymous

      They did a LONG time ago. The Pippin. And yes, it was as bad as it sounds.

  • http://www.flickr.com/photos/PACMan3000/ Paul A. Chapel

    How the hell does a company with 90 percent market share make less than a company with 8 percent? Apple just beat Microsoft in profit. Holy smokes, I guess market share isn’t everything.

    • Anonymous

      I guess it’s not, fanboy. And I don’t remember anyone (except fanboys like you) saying that it was. Funny how your argument works when you want it to.

      • Anonymous

        You sound like your feelings are hurt bad.

      • i told u so.com

        though also microsoft is just getting the WP7 to the market too, having been out only since nov of last year and not on all carriers yet. They already saw over 3.3million units sold as of jan, and will continue to sell more. You also forget though Apple yes generated more money, no electronic company touches HP with over 30 billion in profit as well as a stronger brand name WORLDWIDE then Apple. So you Apple fans can still rejoice if you like, but only at still being number 2, and when Webos products like the Pre 3, touchpad, and Stingray come out in a few months you will see why. Get off of Apples nuts boy.

    • Dario69

      Hardware margins, duh. And a very profitable marketplace. Good for MS. It keeps them afloat and in the news. Too bad Balmer ignored the smartphone market for so long and gave Apple the window of opportunity to hand MS their a$$ on a cracker. MS is still sitting on a ton of cash like Apple so while their profits are not at Apple levels it doesn’t really mean much in the grand scheme of things. Both companies are a good investment.

      • Anonymous

        Actually MSFT has been in the same $24-$30 range for the better part of this last decade. Their dividend is the only part of MSFT that is a good investment and that is very puny as far as investing for the dividend.

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