This article is from the source 'bbc' and was first published or seen on . It will not be checked again for changes.
You can find the current article at its original source at http://news.bbc.co.uk/go/rss/-/1/hi/business/6907600.stm
The article has changed 3 times. There is an RSS feed of changes available.
| Version 0 | Version 1 |
|---|---|
| New products boosting Microsoft | New products boosting Microsoft |
| (about 2 hours later) | |
| Demand for new products such as the Vista Windows system saw Microsoft make profits of $3.03bn (£1.47bn) in the past quarter, up 11% on last year. | |
| For 2007-8 as a whole, the software giant reported a $14bn profit on total sales of more than $51.1bn. | For 2007-8 as a whole, the software giant reported a $14bn profit on total sales of more than $51.1bn. |
| Profits in the past three months were hampered by costs stemming from repairs to the Xbox 360 computer games console. | Profits in the past three months were hampered by costs stemming from repairs to the Xbox 360 computer games console. |
| Microsoft said its core businesses were "healthy" and it would continue to invest in growth opportunities. | Microsoft said its core businesses were "healthy" and it would continue to invest in growth opportunities. |
| Innovation | Innovation |
| Microsoft acknowledged this month that it is facing a bill of more than $1bn to cover the cost of offering extended warranties to Xbox 360 owners after problems with the console. | Microsoft acknowledged this month that it is facing a bill of more than $1bn to cover the cost of offering extended warranties to Xbox 360 owners after problems with the console. |
| Surpassing $50bn in annual sales is a testament to the innovation and value that our product groups delivered Kevin Turner, Microsoft See Microsoft shares | |
| Excluding these charges, the firm would have made a fourth quarter profit of $3.78bn. | Excluding these charges, the firm would have made a fourth quarter profit of $3.78bn. |
| Sales from the division which includes Vista, launched in January, rose 14% to $38.1bn in the past three months. | Sales from the division which includes Vista, launched in January, rose 14% to $38.1bn in the past three months. |
| Total sales rose 13% to $13.3bn over the same period. | Total sales rose 13% to $13.3bn over the same period. |
| Microsoft said it had had an extremely strong year. | Microsoft said it had had an extremely strong year. |
| "Surpassing $50bn in annual sales is a testament to the innovation and value that our product groups delivered into the marketplace," said chief operating officer Kevin Turner. | "Surpassing $50bn in annual sales is a testament to the innovation and value that our product groups delivered into the marketplace," said chief operating officer Kevin Turner. |
| In the upcoming year, Microsoft said it expected sales to rise to between $56bn and $57bn. | In the upcoming year, Microsoft said it expected sales to rise to between $56bn and $57bn. |
| Microsoft shares rose nearly 2% before it announced its results but fell in after-hours trading amid concerns it had only met market expectations not exceeded them. |