Microsoft Reports First Quarter Earnings, Claims Double Digit Revenue Growth

Microsoft has revealed its first quarter revenue of USD 10.81 billion for the period ended September 30, 2006, an 11% increase over the same quarter of the prior year. Operating income for the quarter was USD 4.47 billion, an 11% increase compared with USD 4.05 billion in the prior year period. Net income and diluted earnings per share for the first quarter were USD 3.48 billion and USD 0.35 per share. For the same quarter of the previous year, net income and diluted earnings per share were USD 3.14 billion and USD 0.29, including a USD 0.02 per share charge for certain legal charges.

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