Microsoft is the latest tech giant to announced its quarterly results – in this case, for its fiscal Q1. The company reported revenues of $17.37 billion and net income of $5.74 billion – up 7% and 6% respectively year-on-year. There’s not much to say on the entertainment side of the business: Xbox 360 had a strong quarter, while Microsoft was careful not to say anything about sales of Windows Phone smartphones: the press release bullet point merely says “Windows Phone 7.5 released with a broad array of new features, and received favorable reviews”. In the ensuing analyst call, GM of investor relations Peter Klein added that “With Nokia, Samsung and other devices coming to market, we are well positioned to become the third mobile ecosystem.” He also hinted at new business models like subscriptions for entertainment services on Xbox Live. “Once you get that incredible installed base of engaged users, how can you deliver a set of interactive entertainment experiences sort of across-the-board and what that means, and sort of from a business model perspective, there’s lots of interesting ways to monetise that.” Read more:http://tinyurl.com/5rujbmt

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