Microsoft is Still the King Kong of Revenue Turnover
Many financial analysts who predicted that Apple Inc. would lead the way in corporate Hi-Tec revenue turnover in the fiscal fourth quarter, have now been proven wrong.
Microsoft has once again prominently debut in first place for highest revenue turnover among the world’s giant Hi-Tec companies. Not only did Microsoft post record revenue for the period, but they also achieved some very substantial growth.
These tremendous results were partly attributed by the company to the highly anticipated release of the new Office 2010 package and the continuing success of the Windows 7 operating system. All divisions within the software giant had reportedly hit double digit growth for the final quarter.
Total turnover for the three months was $16.04 billion with a Net income of $4.52 billion. Its business division as expected continued to outperform all others with a turnover of $5.25 billion. In that time 1.5 million Xbox units were sold, bringing in another $1.6 billion.
The powers that be over at Microsoft must be extremely happy with this result, when you consider an employee has leaked on twitter how they were all receiving a fully equipped Windows Phone 7 as a gift. That’s world wide, which equates to roughly 90,000 phones.
That’s a nice little perk for all the staff employed by the largest software company in the world.
The pressure is now back on Apple Inc. to perform even further in the beginning quarter of the new financial year and show shareholders and the world that they are a still a company to be reckoned with, when it comes to huge quarterly turnovers.
The iPhone and iPad are the two hot selling Apple products that analysts are pinning their hopes on to take the company to the head of the pack of global Hi-Tec giants.
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