Microsoft Mobile And Embedded Devices Registers 58% Revenue Growth
Kris Kumar over at our sister site, Smartphone Thoughts, went digging in the latest MS financials report for the 4th quarter of 2004 and came up with the following information.
Kris Kumar said: "Microsoft Corp. today announced revenue of $9.29 billion for the quarter ended June 30, 2004, a 15% increase over revenue of $8.07 billion for the same period in the prior year...Mobile and Embedded Devices operating loss was lower in the fourth quarter of fiscal 2004 compared to the prior year�s fourth quarter, due to growth in revenue and lower operating expenses...Unit volume increases drove revenue growth for fiscal 2004 over fiscal 2003 in all product lines. The growth was primarily due to the increase in the number of OEMs and mobile operators shipping Windows Mobile software for Smartphones, increases in share for our Pocket PC and embedded products and increased usage by existing customers of our MapPoint On Line Service. MED�s operating loss for fiscal 2004 decreased compared to fiscal 2003 due to growth in revenue..."
Looks like while the mobile devices division is still not making money, they garnered 58% growth and trimmed their losses... and from the MVP summit, I can tell you that they're hard at work at improving their products and standing in the mobile community.  Here's a link to the data itself. Looks like they have some work to do, but Microsoft's not quitting this market anytime soon.
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