Andre Yoskowitz
22 Jul 2010 23:19
Microsoft reported their latest quarterly earnings today and the company had its best quarter ever, thanks mainly to incredibly strong sales of the Windows 7 operating system.
The software giant says they have sold about 175 million licenses of Window 7, making it easily the fastest selling operating system in the company's history.
Furthermore, consumers and especially corporations have increased their purchases of Microsoft software.
Microsoft posted revenue of $16.04 billion, on 22 percent growth. Earlier this week, rival Apple posted their best quarter ever as well, seeing revenue of $15.7 billion.
The company had net profit of $4.52 billion, a 33 percent jump year-on-year.
Sales of Windows rose to $4.55 billion from $3.17 billion and sales of Office and other software rose to $5.25 billion from $4.57 billion.
The company's Entertainment and Devices group, which includes the Xbox 360 and Zune players, lost $172 million, closing in on profitability.