Microsoft earnings hit $3.46 billion in Q2
ENT News | at | by Mike
Microsoft reported net income of $3.46 billion on revenues of $10.82 billion for the quarter that ended Dec. 31. Company officials attributed the record revenues to 18 percent growth in the Server and Tools business and the first profitable quarter for Microsoft's Home and Entertainment business.
"Our record revenues came from across-the-board strength in both our business and consumer segments," outgoing chief financial officer John Connors said in a statement. Connors announced earlier this year that he will be leaving Microsoft to join a venture capital firm.