Microsoft’s Q4 earnings for the 2011 fiscal year have been posted, with revenue quoted at a cool $17.37 billion. An 8% increase over the same period in 2010, this beats their previous record of $16.43 billion in revenue, which they posted in Q3 this year. $5.87 billion in net income is a huge 30% climb over the previous year. Microsoft’s revenue broke another record for the full year, which came in at $69.94 billion – 12% higher than the year before.
Much of the growth has come from the Entertainment and Devices Division which is responsible for the Xbox 360 and Kinect hardware – this has witnessed 30% revenue growth over that quarter and circa 45% over the year.
Another major contributor to the impressive earnings has been the online side of the business, with the search engine, bing, and Microsoft’s online services increasing revenue by around 17%.
Income from Microsoft Windows has been relatively flat over the period although possibly that will change with the release of Windows 8 sometime in 2012 (likely mid-year).
Many still believe that Steve Balmer (Microsoft CEO) is the reason that the share price does not increase in the same way as it does for other companies. This is an intriguing proposition, considering the impressive performance both in revenue and profits Microsoft has achieved over the years since Balmer became CEO.
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New entries into the ever-expanding tablet market are coming from Lenovo in the form of the ThinkPad Tablet and the IdeaPad K1.
The tablets are aimed at companies and consumers respectively.
Each model boasts some interesting features and you can find out more from the Engadget website, which includes a review:
Oh… and a late arrival for your attention is the IdeaPad P1 which is a Windows 7 based tablet. [Read more...]
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