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.
