Microsoft announced today that the company has earned $17.37 billion dollars in revenue during the fourth-quarter of this year. This is pretty much an 8% increase in revenue compared to this time last year. Microsoft can thank its Office, Server products, and Xbox 360 for its increase in revenue.
“Throughout fiscal 2011, we delivered to market a strong lineup of products and services which translated into double-digit revenue growth, and operating margin expansion. Our platform and cloud investments position us for long-term growth,” Peter Klein stated, who is a Chief Financial Officer at Microsoft.
Microsoft’s Business Division revenue for the fourth quarter grew 7%. According to Microsoft, Office 2010 is still the fastest-selling version of Microsoft Office in history. So far, 100 million licenses of Office 2010 have been sold.
Microsoft’s Server & Tools revenue grew 12% for the fourth quarter thanks to Windows Server, System Center, and SQL Server.
The Windows and Windows Live Division saw a decline in revenue by 1% during the fourth quarter. Online Services Division, on the other hand, saw an increase in revenue by 17% for the fourth quarter. Microsoft’s Bing search engine is a part of the Online Services Division.
Microsoft’s Entertainment & Devices Division saw a revenue growth of 30% for the fourth quarter, all thanks to the Xbox, Kinect, and Xbox Live service. The Xbox 360 is still the top selling game console in the United States for over a year now.
“A strong year of double-digit increases in revenue and earnings is a real credit to all of our Microsoft employees and partners around the world. We continue to see strong business demand across all of our products, from small businesses all the way up to the largest global enterprises. Our move to cloud services continues with the release and momentum of Office 365 and growth in Windows Azure. We’re providing our customers seamless and powerful ways to move to the cloud, and we are well positioned for the coming year,” said Kevin Turner, Microsoft’s Chief Operating Officer.Further reading: Microsoft