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Microsoft is now a $60 billion company...

Just announced, Microsoft's FY08 revenues exceeded $60 billion for the first time. As per the earnings announcement, this represents an 18% year-on-year increase & a 32% increase in earnings per share.

There's been lots of chatter lately around our direction, focus, leadership & overall strategy & whilst these results don't in & of themselves say that we're 100% on the right track, I do think they indicate that at least some things are heading in the right direction.

What's this mean for SBS in particular? Well I'm not allowed to share actual numbers, but can let you know that we've got a VERY positive outlook for SBS & EBS for the coming year.

Cheers,

Robbie

 

"Fastest annual revenue growth since 1999 fuels 32% increase in earnings per share

REDMOND, Wash. — July 17, 2008 Microsoft Corp. today announced revenue of $15.84 billion for the fiscal fourth quarter ended June 30, 2008, an 18% increase over the same period of the prior year.  Operating income and diluted earnings per share for the quarter were $5.68 billion and $0.46, representing growth of 42% and 48%, respectively, over the same period of the prior year. 

For the fiscal year ended June 30, 2008, Microsoft announced revenue of $60.42 billion, an 18% increase over the prior year.  Operating income and diluted earnings per share for the year were $22.49 billion and $1.87, representing yearly growth of 21% and 32%, respectively."