Computer Demand Boosts MS Profits

elzurawka wrote to mention a BBC article discussing Microsoft's boost in profits as a result of an upswing in PC demand. From the article: "The company announced record revenue of $39.79bn for the fiscal year ending on 30 June, an 8% increase over the $36.84 billion reported last year. The main drivers of sales for Microsoft's Windows, Office and Server software products - PC makers and Asian component manufacturers - have reported healthy demand for PCs."

Comments

Re:stock price....

[ProfaneBaby]

Stock price was inflated in the past few days on expectations of the earnings report. You'll notice that on Monday, the price closed around 25.6. Here at 10AMPST on Friday, the price is still around 25.74, which means it's still up from the beginning of the week.

Wall Street can be a cruel mistress. Just because you make money doesn't mean your stock price goes up. You have to make enough money. It's about meeting and exceeding expectations, not just posting a profit.

Percentage Shhmercentage

[ShaniaTwain]

Uhh.. Apple Revenue rose 75% to $3.52 billion from $2.01 billion, while MS rose 8% to $39.79 billion. That 8% increase alone is more that Apple's total Revenue, its all relative.

One thing I'm sure we can agree on though: if they keep increasing at this rate it won't be long until they both have infinite income!

Re:Percentage Shhmercentage

[Kiryat Malachi]

An 8% increase yielding 39.79 billion implies that the revenue was 36.84 billion, meaning that 8% is 2.94 billion, meaning that the 8% increase is *not*, in fact, greater than Apple's total revenue of 3.52 billion.

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