Net income for the U.S. computer group Microsoft has stalled in the second quarter, but the results, benefiting from the popularity of video game system KINECTS have still exceeded expectations. The net appears to 6.63 billion dollars (4.84 billion euros), down 0.4% year on year. But compared to the number of shares, it is up to 77 cents, well above the 68 cents analysts have been waiting for.
Revenues meanwhile rose 5% to 19.95 billion dollars (14.5 billion euros), also exceeding expectations. The results were affected by the sudden collapse of the Windows division, formerly the largest, whose sales fell 29% to 5.05 euros 3.68 billion and earnings of 39% to 2.37 billion euros.
The comparison is particularly unfavorable for Windows a year ago had benefited from the appeal of its latest and popular version, Windows 7, released in October 2009. In addition, as noted by the analyst Adam Holt with Morgan Stanley, "the slowdown in PC sales" also had a negative impact.
Christmas sales were however quite good for business, with particularly strong sales of the game system to motion detection KINECTS, sold 8 million copies in 60 days. Meanwhile, sales of Xbox consoles that works with KINECTS jumped 21%. As a result, sales of entertainment devices jumped globally from 55% to 3.70 billion dollars.
The leisure division, whose results were considered disappointing last year, was taken in hand directly by Steve Ballmer, CEO. Citing market smartphones, where Microsoft is trying to catch up with its Windows 7 Phone launched in the fall, the head of Investor Relations Bill Koefoed said the group had so far sold "two million licensing.
"We are encouraged by these initial progress, but we know there is much work to do," he said. Sales of the Office suite, traditionally one of the best sources of profit for the company, saw its sales rise 24% to 4.4 billion euros, becoming the source of the largest revenue group. The black dot is the group's activities online, which has again widened their losses to 396 million euros against 337 million a year ago, while their turnover increase by almost 20% to 504 million euros.
The action yielded 0.52% in electronic trading after the close of trading.
Revenues meanwhile rose 5% to 19.95 billion dollars (14.5 billion euros), also exceeding expectations. The results were affected by the sudden collapse of the Windows division, formerly the largest, whose sales fell 29% to 5.05 euros 3.68 billion and earnings of 39% to 2.37 billion euros.
The comparison is particularly unfavorable for Windows a year ago had benefited from the appeal of its latest and popular version, Windows 7, released in October 2009. In addition, as noted by the analyst Adam Holt with Morgan Stanley, "the slowdown in PC sales" also had a negative impact.
Christmas sales were however quite good for business, with particularly strong sales of the game system to motion detection KINECTS, sold 8 million copies in 60 days. Meanwhile, sales of Xbox consoles that works with KINECTS jumped 21%. As a result, sales of entertainment devices jumped globally from 55% to 3.70 billion dollars.
The leisure division, whose results were considered disappointing last year, was taken in hand directly by Steve Ballmer, CEO. Citing market smartphones, where Microsoft is trying to catch up with its Windows 7 Phone launched in the fall, the head of Investor Relations Bill Koefoed said the group had so far sold "two million licensing.
"We are encouraged by these initial progress, but we know there is much work to do," he said. Sales of the Office suite, traditionally one of the best sources of profit for the company, saw its sales rise 24% to 4.4 billion euros, becoming the source of the largest revenue group. The black dot is the group's activities online, which has again widened their losses to 396 million euros against 337 million a year ago, while their turnover increase by almost 20% to 504 million euros.
The action yielded 0.52% in electronic trading after the close of trading.
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- Microsoft Sold 8 Million Kinects In 60 Days (27/01/2011)
- Microsoft Sold 8 Million Kinects In 60 Days (27/01/2011)
- Kinect bolsters Microsoft profits (28/01/2011)
- Bill Gates & Marissa Mayer "Kinect" at Davos [PICS] (28/01/2011)
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