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Microsoft Mobile and Embedded Devices Revenue Up More Than 50%


 
 
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Old 10-29-2005, 06:30 PM
Kris Kumar
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Default Microsoft Mobile and Embedded Devices Revenue Up More Than 50%
http://www.microsoft.com/presspass/press/2005/0ct05/10-27Q1EarnPR.mspx

"Microsoft Corp. today announced revenue of $9.74 billion for the quarter ended Sept. 30, 2005, a 6% increase over revenue of $9.19 billion for the same period in the previous year. Operating income experienced 16% year-over-year growth for the first quarter to $4.05 billion, including a $361 million charge for the settlement with RealNetworks Inc. Operating income for the first quarter of the previous year of $3.49 billion included a charge of $536 million related to the Novell Inc. settlement. ... Mobile and Embedded Devices revenue was up more than 50% due to continued adoption of Windows Mobile� software. Major product announcements from both Motorola Inc. and Palm Inc. highlighted the continued customer momentum of Windows Mobile 5.0."

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Microsoft is reporting double-digit growth in operating income and more growth is expected from all the exciting product launches in the coming months. The earnings release can viewed over here. The above image is a screen shot from the PowerPoint presentation that can be viewed over here and you will notice that it highlights the Motorola Q announcement, instead of highlighting the success of HTC devices. :-( This report is clearly aimed at the Wall Street investors who are familiar with the brand names Palm and Motorola. ;-)
 
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