Google wasn't the only one reporting second quarter revenues yesterday. Microsoft also dished, though they label the same period as their fiscal fourth quarter.
The software giant made $15.84 billion last quarter, up 18% over the same quarter last year. Annual revenue was $60.42 billion, which was also up 18% over the year prior.
The growth rate is not good enough for Wall Street, however, as the stock was down nearly 5% at the time of this post. Analysts see Microsoft as struggling in a weak economy.
If making $15.84 billion in three months is struggling, then I want to suffer!
Microsoft Earnings Key Takeaways: Where's the Search?
Twitter Canada MD Kirstine Stewart to Keynote Toronto
ClickZ Live Toronto (May 14-16) is a new event addressing the rapidly changing landscape that digital marketers face. The agenda focuses on customer engagement and attaining maximum ROI through online marketing efforts across paid, owned & earned media. Register now and save!*
*Early Bird Rates expire April 17.