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

News Scan: Microsoft to place new focus on equal pay, diversity hiring; IT budgets not increasing at the pace many IT managers expect; more

The top IT news stories for Oct. 20, 2014.

Microsoft unveils Skype Qik for lightweight video messaging

Microsoft has unveiled a new video-messaging app for mobile platforms called Skype Qik.

As Windows 10 downloads hit the 1M mark, what can enterprises expect from it?

The revamped update strategy in Windows 10 may be the most overlooked feature that administrators will love.

News scan: Free Windows upgrades; Job-stealing robots; More

The top news stories for Oct. 13, 2014.

Microsoft readies 9 bulletins to fix Windows, Internet Explorer

October's Patch Tuesday sees Microsoft releasing 9 bulletins, twice the number of updates compared to last month.

The Surface is here to stay, says Microsoft

In an uncharacteristic move for the company, a Microsoft executive has stepped forward with the public assurance that the company is committed to the Surface Pro 3.

No, CEO Nadella, women's pay inequalities are not 'karma'

Yesterday, Microsoft CEO Satya Nadella set off a public firestorm when he made comments on womens' pay inequalities that many interpreted as sexist. As Wharton Business School professor and gender studies expert Marianna Fotaki writes here, there are many reasons for unequal pay in high tech and IT, none of which have anything to do with 'Karma'.

News Scan: Symantec announces it is splitting in two; H-1B suit now has testimony from Infosys recruiter; More

The top news stories for Oct. 10, 2014.

Does SharePoint offer mobile collaboration opportunities?

Call it a perfect storm of convergence: iOS, Microsoft Office 365, and Microsoft Enterprise Mobility Suite all coming together to drive the mobilization of Microsoft SharePoint. But is this a good thing?

News Scan: Facebook closes $22B WhatsApp buy; Microsoft unveils new Office 365 plans for SMBs; more

Check out the hottest mobile IT news for Oct. 7, including the final touches on the Facebook acquisition of WhatsApp, how Microsoft plans to market Office 365 to SMBs, why companies will soon need to put a premium on developing better batteries, the expected displays for future wearables and where the RFID middleware market is headed.