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© 2013 AFPMicrosoft beats forecasts with $6.4 bil profit
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© 2013 AFP
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basroil
30% profit as opposed to Apple's 24%. Not bad, nor is the 60 million copies of Win8 sold, which is higher than people expected and on par with Windows 7, despite so much undeserved negative press.
LostinNagoya
Only 6.4 billion dollars? That's small change for some real big companies...
basroil
LostinNagoyaJan. 25, 2013 - 11:28AM JST
Most companies can't hope for 6 billion profit on 150 billion in revenue, and yet microsoft does it on 21 billion. Not to mention analysts had expected less. And investors are happy, Microsoft closed out on a year to date high, rather than 20% drop like some "real big companies".
stephen424
"Only 6.4 billion dollars? That's small change for some real big companies..."
$6.4 billions profit for "the past quarter". Revenue is expected to be around $80 billions and profit wil be at least $20 billions. To me that sounds hecka efficient already. Can you count more than 10 companies that has more than $20 billions in profit?
Just for your info, Toyota this year profit is to be expected at $9.6 billions, at total revenue of $240 billions. The margin is less than 5%. Even for oil giants, profit margin is only around 10% of revenue.