Microsoft posts record results


Microsoft posts record results

Antony Savvas

Microsoft has posted record quarterly results for the three months ending 31 December.

The company’s second quarter saw sales of £6bn, an increase of 7% on the same quarter last year. More impressive were net profits - they reached £1.92bn compared to the previous year’s £860m, an increase of well over 100%.

"Our record revenue came from across-the-board strength in both our business and consumer segments," said John Connors, Microsoft chief financial officer.

The server and tools business grew 18% against last year and customer adoption of SQL Server remains robust with over 25% year on year sales growth, said Connors.

Microsoft said Exchange 2003 marked its one-year product anniversary launch during the quarter and had enjoyed the fastest ever adoption rate of Exchange licences ever.

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