Microsoft: Missing the Bigger Picture


INTRODUCTION

Microsoft (MSFT) continues to churn out impressive results in spite of fear the Windows division cash cow era will come to an end.  The intense focus on Windows misses the traction taking hold in other business segments helping to fuel strong overall results. Revenue increased primarily due to strong sales of Server and Tools products, the Xbox 360 entertainment platform, and the 2010 Microsoft Office system.

Microsoft announced record fourth-quarter revenue of $20.89 billion for the quarter ended December 31, 2011, a 5% increase from the same period of the prior year. Operating income, net income and diluted earnings per share for the quarter were $7.99 billion, $6.62 billion and a record $0.78 per share.

We’ll take a look at the numbers then share our valuation analysis.

THE NUMBERS BY BUSINESS SEGMENT

The TTM revenue and operating income for each segment through 12/31 is shown below.

….Continue reading the full article at SA

Advertisements

About IIEX

Click "About" in the menu at the top for more information about the author. We also have a page at "Seeking Alpha" ( http://seekingalpha.com/author/david-klein ). Please Click on and read the "Disclaimer" in the menu at the top. Have a question? Contact us at iiex@live.com.
This entry was posted in MSFT, Stocks and tagged , , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s