Microsoft did indeed, as we suggested last week, do pretty well in its financial results on the back of Vista shipments. It had quarterly revenue of $14.4 billion for the quarter ended March 31, 2007, up 32% over the same period of the prior year. This is a much higher rise than most quarter on quarter comparisons during the past three years.
Microsoft said it had net income of $4.93 billion, and around $1.14 billion of net income was due to writing back in revenues that had been deferred due to the technology guarantees for Windows Vista and the 2007 Microsoft Office.
Microsoft generated $7.29 billion in cash and returned $7.72 billion, virtually the same amount, to shareholders through share buybacks and dividends in the quarter.
Microsoft said that next quarter would have lower revenue at around $13.1 billion to $13.4 billion and a lower income and for next year thought revenue would be in the range of $56.5 billion to $57.5 billion.