- October 28th, 2010 by Ryan Denker
Microsoft posted its revenues for the summer quarter and the first comparisons made were against Apple. Redmond posted earnings of $16.2 billion in revenue. It’s impressive since it beat expectations, but it falls well short of Apple’s earnings — $20.34 billion. Fanboys gloat, haters gonna hate.
Microsoft says it was an “exceptional quarter,” with demand for Windows 7, Office 2010 and Xbox 360 consoles and games rising.
“Our ability to grow revenue while continuing to control costs allowed us to deliver another quarter of year-over-year margin expansion,” says Microsoft.
According to TechCrunch:
When Apple passed Microsoft in market cap this past May, the Microsoft fanboys were out in full force. “This means nothing.” “Microsoft still makes so much more money than Apple.” “Look at the revenues.” Okay, let’s look at the revenues.
And here we go. Not only did Apple hit that $20 billion revenue quarter, Microsoft’s quarter-to-quarter total only went up slightly (around $200 million). And so Apple zoomed right by them.
With iPad sales increasing and record iPhone sales getting posted each subsequent quarter, the holidays are looking promising. Couple that with the new MacBook Air and Apple begins to look like it’s going to own this next quarter.
Microsoft is putting all its eggs in the Windows Phone 7 basket.
[Via TechCrunch]
