Microsoft Corporation (NASDAQ: MSFT) is a Redmond, Wash.-based technology company. Microsoft develops, manufactures, licenses and services a variety of products primarily for business and consumer computing, gaming and mobility.

In the company's latest quarterly filing, Q2 2011, its revenue was $19.95 billion. Second-quarter growth rates for revenue and earnings per share were 5 percent and 4 percent, respectively. Microsoft's operating income, net income and diluted earnings per share for the quarter were $8.17 billion, $6.63 billion and $0.77 per share, respectively.

Its Xbox and Kinect gaming systems garnered a strong consumer response in Q2, said the company in a statement. "The pace of business spending, combined with strong consumer demand, led to another quarter of operating margin expansion and solid earnings per share growth," said Peter Klein, chief financial officer at Microsoft.

In mid-March, Microsoft finally rolled out Internet Explorer 9. It was downloaded some 2.35 million times in the first 24 hours of its launch. This was good news for Microsoft, especially compared to the 1 million downloads that the beta of IE9 achieved in the first 24 hours. However, Firefox 3 was downloaded more than 8 million times in its first day back in 2008.

Windows Phone 7 recently hit the market and according to CEO Steve Ballmer, nine out of 10 of its customers are recommending the platform and some 8,000 applications reside in the Microsoft Marketplace. Still, the company delayed until the end of March the rollout of its first major Windows Phone 7 update that features a cut-and-paste capability. This follows a failed software update for WP7 in February.

Tag:

Microsoft

Latest Headlines

Latest Headlines

Microsoft raises Azure prices... but not in the U.S.

A recent update to Microsoft Azure pricing that actually increases the price for customers not billed in U.S. greenbacks may signal that the race to the bottom may finally be at least slowing.

Microsoft offers $100K grants for research into HoloLens applications

Microsoft is offering U.S. academic research teams grants of $100,000 each to work on applications for HoloLens, its augmented reality headset. A total of five awards will be made, and each winning team will get two HoloLens development kits.

Microsoft will release Windows 10 in 'phases'

How do you roll-out the new Windows 10 to "one billion devices" worldwide? You do it "in phases," explains Microsoft's Terry Myerson.

Windows 10 Wi-Fi feature raises security concerns

A feature that will be part of the soon-to-be-released Microsoft Windows 10 is sending up red flags among security professionals. The Wi-Fi Sense feature, which was designed to make it easier to connect to local wireless networks by sharing secure connections with friends, could make it easier for anyone to connect to home networks, whether the network owners want them to or not.

Microsoft furthers hybrid cloud strategy with new management features

Microsoft is adding the Operations Management Suite to System Center, extending the hybrid cloud management tool to System Center.

How Wakefield Canada decided on which tablet to get their sales team

When deciding which tablets to get for its sales team, Wakefield Canada, the exclusive distributor of Castrol products in Canada, took the radical step of asking them which one they wanted.

Microsoft adds large meetings, direct connections to Skype for Business

Microsoft is adding a host of new features to Skype for Business, including the ability to broadcast meetings to as many as 10,000 people. Office 365 enterprise customers can register now to get a preview of the features.

Nadella's 'tough choices' begin with AOL, Uber deals

Microsoft is getting out of a couple of businesses, including display ads and collecting map information. The moves come just days after CEO Satya Nadella told employees to brace for tough choices ahead and to prepare for a new company strategy of focusing on core strengths, and forming partnerships for everything else.

Microsoft Visual Studio 2015 central to Windows 10 strategy

Microsoft is getting ready to take the wraps off of Visual Studio 2015, which will become generally available on July 20. But the company unveiled a little teaser on its blog, thanks to S. Somasegar, corporate vice president of Microsoft's developer division.

One month before Windows 10 launch, Microsoft has a new mission

Today marks exactly one month before the much-anticipated release of Windows 10. It also marks the beginning of a new mission for Microsoft to help every individual and every organization "achieve more' that will shape the company's strategy going forward.