Microsoft announced its latest quarterly financials yesterday, revealing revenues of $17.4 billion for its fiscal Q4, and net income of $5.87 billion. The most impressive area of growth came from the company’s Entertainment and Devices division, although this is all about gaming rather than music: Xbox 360 and its Kinect gestural controller helped revenues from the division grow by 30% year-on-year, as Xbox 360 overhauled the Wii to become the best selling console in the US in the last year. Music wasn’t mentioned during the analyst call, while Windows Phone smartphones were also conspicuous by the absence of any sales figures. Veterans of the Microsoft-Apple wars will be trying not to compare the two companies’ latest financials: earlier this week, Apple posted quarterly revenues of $28.6 billion and net income of $7.3 billion.Read more:http://tinyurl.com/3g346fa
Microsoft posts $17.4bn of revenues for its fiscal fourth quarter
