View all newsletters
Receive our newsletter - data, insights and analysis delivered to you

Microsoft earnings decline as Windows sales drop

Microsoft has reported 11% decline in net profit at $4.38bn for the third quarter, on revenue up 0.3% at $14.45bn. It said the drop in earnings was due to a 24% drop in Windows sales and lower revenue from its online advertising unit.

By CBR Staff Writer

Revenue from the client division was $4.02bn, down 24% from the previous year, while sales at the server and tools division rose 18% to $3.25bn. Entertainment and devices revenue grew 68% to $1.57bn, while others remained stable at $10m. Online services revenue was up 40% at $843m.

Microsoft’s chief financial officer Chris Liddell said: Our broad span across geographies, product categories and customer segments is a tremendous asset and supports our outlook for double-digit revenue, operating income and earnings per share growth for this fiscal year and also for fiscal year 2009.

Looking ahead, the company expects fourth-quarter revenue of $15.5bn to $15.8bn, and revenue for the year to be $66.9bn to $68bn.

The company is trying to acquire Yahoo to boost its online services business and it has set Yahoo a deadline of Saturday to accept its $31 a share offer or face a hostile takeover bid.

Content from our partners
Scan and deliver
GenAI cybersecurity: "A super-human analyst, with a brain the size of a planet."
Cloud, AI, and cyber security – highlights from DTX Manchester

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how Progressive Media Investments may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
THANK YOU