Despite Growth Microsoft Trails Google Online
The world's largest software maker Microsoft has posted its best first quarter for revenue growth since 1999, with third quarter results showing $13.76 billion in revenue, a 27 percent improvement over last year, the company reported yesterday. While revenue from Microsoft's software divisions continues to increase, including a 90 percent increase in the unit responsible for the hit video game Halo 3, one of the company's weakest areas is its online services unit, which had a quarterly loss of $264 million, more than twice that in the same quarter last year, with revenue amounting to less than 6 percent of its quarterly sales.
|
|