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+ - Microsoft Revenues Hold With Kinect And Windows 7->

Submitted by geek4
geek4 (1735644) writes "Microsoft posted stronger quarterly revenues than expected but still faces challenges with its online services

Numbers-wise, Microsoft’s latest quarterly earnings suggest a lot of upside for the company, with a stronger-than-expected $19.95 billion (£12.57 billion) in revenue and $6.63 billion (£4.18 billion) in net income.

However, many of its latest and most high-profile initiatives – including Windows Phone 7 and cloud software – have yet to pay the same sort of real-world dividends as traditional products such as Windows 7 and Office 2010.

Kinect Connects And Business Unit Booms
Microsoft reported positive news in a number of diverse segments. For the three months ended December 31, its Business Division revenue grew 24 percent year-over-year. In addition, some eight million Kinect units apparently sold in the hands-free controller’s first 60 days of release, giving the company a solid win on the consumer side of the equation and helping boost revenues for its Entertainment and Devices Division."

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Microsoft Revenues Hold With Kinect And Windows 7

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