Microsoft posts 64% profit rise for 1st quarter

Article Abstract:

Microsoft Corp's 64 percent hike in its 1st qtr FY 1992 earnings disputes the common belief that the microcomputer industry is in a slump. The company surpassed analysts' forecasts by posting a net income of $144 million, or 75 cents per share, compared with the year-ago level of $87.6 million, or 47 cents per share. Revenue went up by 57 percent, at $580.5 million. Microsoft's notable financial performance is attributed to big gains in systems software and applications, particularly the new version of the MS-DOS operating system and the large number of Windows applications. Microsoft chmn William Gates III has predicted that the microcomputer market will grow by 10 percent in 1991, despite the upheavals among market leaders such as IBM and Compaq Computer Corp.

Computer industry, Revenue, Financial Report, First Quarter

---

Microsoft net increased 83% in 3rd quarter

Article Abstract:

Microsoft Corp, the largest microcomputer software publisher, reports an income increase of 83 percent for 3rd qtr 1990. The performance is slightly better than analysts expected. For the quarter Microsoft posted net of $75.2 million, or 62 cents a share, up from $41.1 million, or 36 cents a share, a year earlier. Revenue for the quarter was $310.9 million, up 58 percent from $197 million. Microsoft introduced no new products during the quarter, but the firm is slated to release four new software packages this quarter, including a new version of its Windows program. Microsoft reports that overseas sales accounted for 58 percent of total revenue.

Financial Analysis Software, Third Quarter

---

Software makers to post gains for the quarter: analysts predict Symantec will show best results

Article Abstract:

The computer software industry continues to do well compared with hardware. Results for software publishers the quarter ending Dec 31 are good. Symantec Inc is expected to do especially well, and so is Microsoft Corp. Novell's results will be good, partly because Novell acquired Digital Research Inc in 1991. Borland International Inc did not do particularly well in the quarter, but industry observers believe that Borland will be helped by new products that are under development. Aldus Corp and Lotus Development Corp will report respectable results. Computer Associates' results are mixed.

Computer integrated systems design, Computer programming services, Lotus Development Corp., Symantec Corp., SYMC, Novell Inc., NOVL, Borland International Inc., LOTS, Industry Analysis, Outlook, Aldus Corp., ALDC, Computer Associates International Inc. Micro Products Div., Fourth Quarter, BORL

Similar abstracts:

• Abstracts: Tandy posts 17% decline in profit for latest quarter. Tandy expects 2nd-quarter profit to drop slightly. Tandy posts flat net for its 4th quarter; revenue grew 10%
• Abstracts: Computer software firms are expected to post profit gains for fourth quarter. Microsoft, Lotus are expected to lead software firms to solid quarterly gains
• Abstracts: Lotus predicts lagging results for 2nd quarter: software maker is hit hard by price competition: stock takes 23% dive
• Abstracts: Compaq profits decreased 14% in 4th quarter. Compaq net increased 42% in 3rd quarter
• Abstracts: Microsoft stock falls 7% on fears of analyst about European prices. IBM won't favor Microsoft over Adobe

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.