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.
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.
2020 State of DevOps ReportDownload 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.
IT Automation Transforms Network ManagementIn this special report we will examine the layers of automation and orchestration in IT operations, and how they can provide high availability and greater scale for modern applications and business demands.