Microsoft’s FY11 Q3 Earnings
Microsoft announced blow out FY11 Q3 earnings. There are two key themes emerging with respect to enterprise productivity:
1) The movement to include phones and tablets at the center of personal productivity and
2) The continued momentum with enterprise infrastructure on Microsoft services and cloud offerings.
At Moprise, we see a real opportunity to leverage the exponential growth in the demand for mobile productivity with the linear adoption curves of IT infrastructure.
The specific quotes from the earnings report are below.
“We delivered strong financial results despite a mixed PC environment, which demonstrates the strength and breadth of our businesses,” said Peter Klein, chief financial officer at Microsoft.
Revenue in Microsoft’s Windows division fell 4 percent, slightly worse than the fall-off in PC shipments tracked by the research firm IDC.
Microsoft Business Division revenue grew 21% year-over-year. Since its release last spring, Office 2010 has become the fastest-selling version of Office in history, and the integrated innovation with SharePoint, Exchange, Lync and Dynamics CRM is driving significant growth for the division.
“We delivered strong third quarter revenue from our business customers, driven by outstanding performance from Windows Server, SQL database, SharePoint, Exchange, Lync and increasingly our cloud services,” said Kevin Turner, chief operating officer at Microsoft. “Office had another huge quarter, again exceeding everyone’s expectations, and the addition of Office 365 will make our cloud productivity solutions even more compelling. We continue to see strong adoption of our cloud-based services among the Fortune 500.”
