Bill Gates must be seeing $$ signs after Microsoft announced that they had a reported $13.37 BILLION in revenue for the quarter ending on June 30th. And for their fiscal year which just wrapped up, their reported revenue was $51.12 billion, a 15% increase from last year!
Those numbers are impressive, but I guess they do have Windows Vista, Office 2007, Xbox 360 (despite repair troubles), and Windows Server to thank for their numbers this time around.
Kevin Turner, chief operating officer at Microsoft had this to say about their sales:
Surpassing $50 billion in annual sales is a testament to the innovation and value that our product groups delivered into the marketplace, as well as the outstanding execution by our field sales, marketing teams and partners to bring that value to life with our customers.
All in all, despite the costs that they will spend on Xbox 360 repairs and trouble with their Online Services group, I’d say that Microsoft had a good year.
So with an increase in revenue, maybe Bill Gates will be out looking for a new high-tech home? :)
And no, he’s not really looking for a new home.