Microsoft Reports Record Q4 Results

Microsoft has posted huge fourth quarter numbers. Despite the setback known as the KIN, Windows 7 is selling like gangbusters, the Xbox 360 is selling well and Xbox Live now has a whopping 25 million subscribers.

Microsoft Corp. today announced record fourth-quarter revenue of $16.04 billion for the quarter ended June 30, 2010, a 22% increase from the same period of the prior year. Operating income, net income and diluted earnings per share for the quarter were $5.93 billion, $4.52 billion and $0.51 per share, which represented increases of 49%, 48% and 50%, respectively, when compared with the prior year period.

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