Microsoft Fiscal Q3 Desktop Sales Climb 11%
Staff -- TWICE, 5/13/2002
Redmond, Wash. — Robust sales of its Windows XP operating system drove up desktop platform revenue at Microsoft 11 percent in the company's fiscal third quarter, with Desktop Platform division sales reaching $2.3 billion, up from $2.1 billion in the year-ago period.
Total sales in the Desktop Software division hit $4.7 billion, up from $4.5 billion in the same quarter in 2001.
The company also said North American Xbox sales are on target, and that 3.5 million to 4 million Xbox consoles will have been shipped worldwide by the end of the fiscal year in June, down from an earlier estimate of 4.5 million to 6 million. Microsoft expects it could have up to 11 million Xbox consoles sold by the middle of 2003.
Overall Microsoft revenue for the third quarter was $7.2 billion, an increase of 13.2 percent from the $6.4 billion registered in 2001. Net income reached $2.7 billion, compared with $2.5 billion year over year.
For the nine months, Desktop Platform division revenue hit $6.9 billion, up from $6 billion over the year-ago period.
Total sales for the Desktop Software division reached $13.9 billion for the current nine months, compared with $13 billion year over year.
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