Thursday, January 27, 2011

Still Strong: Microsoft Beats Estimates as Quarterly Sales Neared $20 Billion | Ina Fried | Mobilized | AllThingsD

Microsoft stays on top, in terms of profits, for Q4 2010

With the results from the past quarter, Apple passed Microsoft slightly in quarterly revenue, but did not–as some analysts thought might happen–surpass Redmond in profits as well. The company also noted it bought back $5 billion in shares during the quarter and handed out $1.3 billion in dividends to shareholders.

The gaming unit wasn’t the only part of Microsoft going strong. Redmond said its Office unit also had a big quarter, growing 24 percent from a year earlier, and that Windows 7 license sales have now passed 300 million.

Still Strong: Microsoft Beats Estimates as Quarterly Sales Neared $20 Billion | Ina Fried | Mobilized | AllThingsD

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