Friday, January 23, 2004

Microsoft Still Squeaking By

I just read Microsoft's latest quarterly report. How's this for a down economy? $10.15 Billion in sales, $1.48 Billion profit for the quarter! The profit reflects a $2.2 Billion charge for the Employee Stock Plan. They are making $100 Million dollars every single day! They are sitting on $53 Billion in cash! Every one of their divisions except the Home and Entertainment division has increased sales during the quarter. The Home and Entertainment division sales were down by 5%.

I wonder where they would be if the economy was in better shape. Also imagine that in some countries up to 80% of the Microsoft software is pirated. I think this Bill Gates guy is on to something!

No comments:

Post a Comment