On the back of Windows Vista and Microsoft Office 2007 Microsoft have reported record profits with a 72% growth in earnings per share. The Microsoft press release went on to say "Revenue of $14.40 billion for the quarter ended March 31, 2007, a 32% increase over the same period of the prior year. This revenue drove record profits with operating income of $6.59 billion and net income of $4.93 billion. Diluted earnings per share for the quarter grew 72% to $0.50, and included $0.02 in tax benefits and $0.01 in legal charges. These results reflect $1.67 billion of revenue and operating income, $1.14 billion of net income and $0.12 of diluted earnings per share that were previously deferred primarily related to the technology guarantee programs for Windows Vista™ and the 2007 Microsoft® Office release. " The full Microsoft Press release can be found here: http://www.microsoft.com/presspass/press/2007/apr07/04-26Q3FY07ERPR.mspx?rss_fdn=Press%20Releases
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