Apple is not the only company that is having great sales. Microsoft has seen a 60 percent increase in profit, due largely to “exceptional demand” for Windows 7, which was released in October 2009. (Windows 7 is in high demand probably because Windows Vista was just so bad.) Microsoft’s net profit for the last three months of 2009 was $6.66 billion, up from $4.18 billion at that same time of year in 2008. Its revenues were $19.2 billion, beating analysts’ predictions.
The company’s profits were probably helped by an increase in computer sales leading up to Christmas. A large portion of Microsoft’s profit comes from the Windows operating system and the Microsoft Office software. The sales in these two areas were higher than expected, but Xbox sales were below expectations.
Chief operating officer Kevin Turner said he was thrilled by the response to Windows 7, adding that, “This is a record quarter for Windows units.”
Via BBC News, image via Microsoft.