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 tries again with SharePoint 2013 SP1

Microsoft replaced a buggy version of SharePoint 2013 SP1 with a new one that admins hope is, well, less buggy.

News Scan: Will Nokia become Microsoft Mobile?; Windows Phone bets on security; more

Check out the hottest mobile IT news for April 22, including the rumored change for Nokia to Microsoft Mobile, Microsoft basing their mobile expectations on its positive security record, an acceleration in the Latin 4G LTE market, the new 'immersive' Barneys app and how mobile use is taking over TV time.

Businesses get 3-month reprieve from Windows 8.1 Update

The Windows 8.1 Update migration deadline for businesses has been extended by three months. As reported previously, businesses running on Windows 8.1 had until May 13 this year to upgrade to the just...

Microsoft dramatically lowers price for Windows XP custom support

It has emerged that Microsoft has reduced the fees that large enterprises have to pay for custom support, just weeks before the official retirement of the venerable Windows XP operating system.

5 tips for navigating the CIO role at tech companies

In a recent post at  Forbes, Peter High--President of advisory firm Metis Strategy--outlines what CIOs in technology companies need to do to stay relevant, improve their IT teams and improve their businesses.

Competition heats up between Dropbox, Box

As Dropbox and Box continue their battle, Microsoft could play a growing role, and we could see some interesting action in this space in the coming months.

Microsoft gives users five weeks to migrate to Windows 8.1 Update

As reported on  Computerworld,  businesses running on Windows 8.1 have until May 13 this year to upgrade to the just released Windows 8.1 Update, and if they fail to do this they will no longer be eligible for security updates and other enhancements.

Microsoft eyes universal app to run on all Windows devices

Universal apps on the Windows ecosystem is about to become a reality, based on a concept that was announced at the company's annual Build conference last week. Developers could build a single application that will run on smartphones, tablets, PCs and even the Xbox One.

Microsoft tightens the screws on adware, spyware

Microsoft has updated its criteria for how it defines adware and undesirable software, as it works to tighten the screws on overtly aggressive advertising and other apps with undesirable behaviors.

Does Office for iPad turn iPad into a work tool?

After years of delay, Microsoft finally unveiled a version of its ubiquitous Office suite for the iPad. So can we now use the iPad as our primary electronic work tool?