Microsoft Reports Strong Third Quarter - InformationWeek

InformationWeek is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

IoT
IoT
News

Microsoft Reports Strong Third Quarter

Strong sales of Office applications and Windows NT led Microsoft to report better-than-expected earnings for its fiscal third quarter. For the period ended March 31, Microsoft posted $4.33 billion in revenue, compared with $3.77 billion for the third quarter last year. Net income was $1.92 billion, or 35 cents per share, vs. third-quarter net income of $1.3 billion, or 25 cents per share, last year.

Microsoft CFO Greg Maffei says the company will remain guarded about growth for the fiscal year, as companies may reduce spending as the year 2000 approaches. Microsoft, however, frequently cautions about revenue slowdowns. But when it comes to PC sales, Maffei says, the company has not felt the slowdown that is affecting many of its rivals. "Though we're less dependent on PC shipments than we were a few years ago, we're still highly dependent on PCs," Maffei says.

By product group, Microsoft's platforms division generated $2 billion in revenue, compared with $1.6 billion for the same period last year. Applications and tools brought in $1.93 billion this quarter, versus $1.87 billion last year. According to Jerry Masters, senior director of planning and reporting at Microsoft, "SQL Server 7 revenue was phenomenal, and Standard Server sales jumped 50%." Sales of Office 2000 were not included in this quarter's report.

We welcome your comments on this topic on our social media channels, or [contact us directly] with questions about the site.
Comment  | 
Print  | 
More Insights
2020 State of DevOps Report
2020 State of DevOps Report
Download this report today to learn more about the key tools and technologies being utilized, and how organizations deal with the cultural and process changes that DevOps brings. The report also examines the barriers organizations face, as well as the rewards from DevOps including faster application delivery, higher quality products, and quicker recovery from errors in production.
Slideshows
10 Top Cloud Computing Startups
Cynthia Harvey, Freelance Journalist, InformationWeek,  8/3/2020
Commentary
How Enterprises Can Adopt Video Game Cloud Strategy
Joao-Pierre S. Ruth, Senior Writer,  7/28/2020
Commentary
Conversational AI Comes of Age
Guest Commentary, Guest Commentary,  8/7/2020
Register for InformationWeek Newsletters
Video
Current Issue
Special Report: Why Performance Testing is Crucial Today
This special report will help enterprises determine what they should expect from performance testing solutions and how to put them to work most efficiently. Get it today!
White Papers
Slideshows
Twitter Feed
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.
Sponsored Video
Flash Poll