Been a little while since I ranted about our Redmond friends.
Earlier this year…
Microsoft Corp. reported … a profit of 1.32 billion US dollars for its third fiscal quarter ended March 31, 2004, down 38 percent from the 2.14 billion dollars for same quarter a year earlier. Microsoft said its revenue for the third quarter increased to 9. 18 billion dollars, up 17 percent from the 7.84 billion dollars for the same period in the prior year.
Apple today announced financial results for its fiscal 2009 first quarter ended December 27, 2008. The Company posted record revenue of $10.17 billion and record net quarterly profit of $1.61 billion, or $1.78 per diluted share. These results compare to revenue of $9.6 billion and net quarterly profit of $1.58 billion, or $1.76 per diluted share, in the year-ago quarter. Gross margin was 34.7 percent, equal to the year-ago quarter.
So, last quarter Apple brought in more revenue than Microsoft and brought in more profit. Okay.
But Microsoft founder Bill Gates has told the BBC that it could take as much as four years for economies in trouble to return to positive growth.
What would he know??????