- Jun 26, 2007
- Reaction score
Growth was driven by continued demand for the full range of Microsoft's products, from the latest versions of its server software to the Xbox 360 console and games - and even the much-maligned Windows Vista operating system, which has sold a frankly incredible 180 million licences since its launch in early 2007.
"Delivering $60 billion in annual revenue is an outstanding accomplishment and a testament to the powerful combination of great technology solutions and strong execution by our partners and global sales and marketing teams," gushed Kevin Turner, chief operating officer at Microsoft.
Such a strong year will give Microsoft a financial boost in its negotiations to swallow up Yahoo, which is stalled while Yahoo insists on a $33 a share deal, a ten-buck premium over its current trading value.
Microsoft's Turner expects revenues to grow again this year, reaching at least $67 billion (£33.5 billion) by next June.
That's despite increasing anecdotal evidence that open source and online software is nibbling away at Microsoft's core portfolio: the Telegraph group decided yesterday to move 1400 of its journalists and staff from Microsoft's Office suite to Google Apps.