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2 May 2007

Microsoft Vista revenues help it smash financial records

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.