Microsoft Office could hit $20 billion in sales by 2010
Seattle PI | at | by Mike
President Jeff Raikes of Microsoft's Business Division says Office software revenue could double from 2002 levels to reach $20 billion by 2010.
That target remains "a viable possibility," Raikes said Tuesday night at a media dinner at the Redmond headquarters.
Raikes, whose group includes the Office word processing, spreadsheet and e-mail software, originally disclosed the unit's 2010 revenue target in 2002.
By June 30, revenue for what Microsoft now calls its Information Worker business, mainly comprising Office software, will have grown 21 percent to $11.6 billion from $9.6 billion in fiscal 2002, based on a Microsoft forecast of 5 percent to 6 percent growth in sales in the current fiscal year.