home:

To return to the HOME page, Just click on the "Ωborg" icon ontop this CUBE.

To view a summary of all the posts by category or by month, please look to the "Collectives" or "Blog Archive" on the right side of the page
Custom Search

Saturday, April 30, 2011

Apple surpasses Microsoft results (again)


Six months ago, Apple surpassed Microsoft in quarterly revenue for the first time in nearly 15 years, marking a milestone on Apple's tremendous performance in recent years. But despite being passed by Apple in the revenue metric, Microsoft continued to hold off Apple in quarterly profits due to the high profit margins achievable with its software business.

That finally changed this past quarter, with Microsoft today announcing net profit of $5.23 billion for the first calendar quarter (third fiscal quarter) of 2011. Apple last week reported profits of $5.99 billion over the same period, which corresponded to the company's second fiscal quarter of 2011.

Apple has passed its longtime rival Microsoft in a number of metrics over the past year, beginning with market capitalization back in late May 2010. Apple's market cap is now nearly $100 billion higher than Microsoft's.

*from Macrumors article

No comments:

Post a Comment