The global PC market is enjoying a strong recovery in 2010 and OS market share leader Microsoft is reaping the benefits, announcing record 3Q revenue of $14.50 billion for the quarter ended Mar. 31, 2010, a 6% increase from the same period in 2009. Operating income, net income, and diluted earnings per share for the quarter were $5.17 billion, $4.01 billion and $0.45 per share, which represented increases of 17%, 35%, and 36%, respectively compared to the prior year period.
Windows revenue was up 28%, compared with the same quarter in 2009, driven by demand for Windows 7. Microsoft claimed more than 10% of all PCs worldwide are running Windows 7 today, making it the fastest-selling operating system ever.
Microsoft offers operating expense guidance of $26.1 billion to $26.3 billion for the full year ending June 30, 2010.
to Daily News