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View Full Version : Earnings Update: Microsoft Delivers 12% Revenue Growth

Kris Kumar
10-23-2004, 04:00 PM
<div class='os_post_top_link'><a href='http://www.microsoft.com/msft/earnings/FY05/earn_rel_q1_05.mspx' target='_blank'>http://www.microsoft.com/msft/earnings/FY05/earn_rel_q1_05.mspx</a><br /><br /></div><i>"Mobile and Embedded Devices segment revenue growth was primarily driven by unit volume increases in all product lines, especially embedded products and MapPoint. The growth was driven by embedded products due to increased shipments in existing channels and an expansion of the distribution channel, increasing market share for Pocket PCs, and the introduction of new MapPoint products. <b>The growth was hampered by delayed introduction of new SmartPhone devices.</b> MapPoint revenue benefited from Street & Trips 2005 and Street & Trips GPS bundle that were launched in August 2004."</i><br /><br />Mobile and Embedded Devices which includes Windows Mobile software, Windows Embedded device operating systems, MapPoint, and Windows Automotive, reported <i>revenue growth of 30%</i> for the quarter that ended on 30th September 2004. The operating loss decreased by 41% compared to the corresponding period last year. Let's hope that in the next quarterly earnings report the Smartphones will not be projected in a negative tone. The recent Smartphone launch announcements (MPx220 on Cingular, SMT5600 on AT&T, SDA on T-Mobile etc.) should enable positive earnings contribution.