Tue, Feb 01, 2011 | 06:25 GMT
Microsoft posts $16.2 billion in revenue for Q1 FY11, Halo and 360 helped
Microsoft today announced record first-quarter revenue of $16.2 billion for the quarter ending September 30, which is 25 percent increase over the same period in 2009.
Net income came in at $5.4 billion which is an increase of 59 percent over 2009, with the Entertainment and Devices Division (includes Xbox 360) reporting revenue of $1.8 billion for the quarter compared to $1.4 billion the year prior. Profit for the division was $382 million for the period, which is up 46 percent yoy.
Xbox 360 sales were up 38 percent to $2.8 million, Reach hit $350 million in revenue during its first 16-days and XBL saw strong membership growth as well during Q1 2011, said Bill Koefoed, general manager of investor relations during the call to investors this evening.
During the quarter, Microsoft saw year-over-year growth across all business segments, with Xbox 360 consoles sales up 38 percent and outselling “every console in the US for each of the past four months“.
“This was an exceptional quarter, combining solid enterprise growth and continued strong consumer demand for Office 2010, Windows 7, and Xbox 360 consoles and games,” said Peter Klein, chief financial officer at Microsoft.
“Our ability to grow revenue while continuing to control costs allowed us to deliver another quarter of year-over-year margin expansion.”
Klein said during the call to investor’s tonight that Microsoft expects Kinect to help move hardware sales. Obviously.
As far as PC market is concerned, Microsoft said it was up 9-11 percent on the consumer end, but business adoption was higher in that sector.
A live analysis with shareholders will be broadcast at 5:30pm EST today, so we’ll be listening for anything you might be interested in and post updates accordingly.
19 
Posted in: America, Financials, Games for Windows, Hot, Microsoft, Retail, Trade, Xbox 360, Xbox Live, microsoft financials
Tags: microsoft q1 fy 11 financials
19 comments
#1
Joe Anderson
28/10/10, 9:42 pm
Can I borrow a £1 please Microsoft
#2
cookiejar
28/10/10, 9:44 pm
^ You’ll be lucky to get a free Avatar item
#3
Psychotext
28/10/10, 9:45 pm
The number most people would care about… $382m profit for the E&D division over the last quarter (vs $260m in 2009).
MS have really turned things around from the days they were losing more than that a quarter.
#4
Stephany Nunneley
28/10/10, 9:45 pm
@2 Comment of the fucking year there.
#5
Stephany Nunneley
28/10/10, 9:46 pm
@3 Strange. My spreadsheet says $1.8 million for the quarter compared to $1.4 million the year prior in E&D. *looks again*
#6
Psychotext
28/10/10, 9:47 pm
Revenue.
#7
cookiejar
28/10/10, 9:49 pm
And on the other side of the table, they lost nearly $600 million on their online business. But they’ve always struggled with that.
#8
Razor
28/10/10, 9:49 pm
ouselling “every console in the US for each of the past four months“.
That’s all well and good MS, but what about the world
#9
Psychotext
28/10/10, 10:18 pm
They outsold the Wii by about a million for the quarter (worldwide). We’ll have to wait until tomorrow to see how they did vs the PS3.
Edit – Actually, there may be some confusion on that. If the 38% was overall increase in shipped 360s then that number will be right. If it’s a 38% increase in the US only then we wouldn’t be able to estimate their shipments for this quarter.
Go get ‘em Stephany!
#10
Stephany Nunneley
28/10/10, 10:35 pm
@9 I am listening now and so far all they said about it was the “4 months at number one woo hoo”. I have gin on hand to get me through ;D
#11
Psychotext
28/10/10, 10:42 pm
Alcohol is always the answer.
/falls off desk
#12
Razor
28/10/10, 10:51 pm
2.8 million then for the quarter.
Yikes, outselling the Wii, and Sony will probably post similar numbers as well, if Andrew House is to be believed with higher than expected PS3 sales.
360 S doing good then.
EDIT: Sony actually posted 3.2 million PS3 sales for the same quarter last year, so theoretically at least, Sony should post around 3.2 or higher tomorrow.
#13
Stephany Nunneley
28/10/10, 10:54 pm
I’ve updated the post slightly. They are doing the Q&A now, after banging on forever about Office 365 and the “cloud”.
#14
Stephany Nunneley
28/10/10, 11:08 pm
Well, that was a rather uneventful conference call.
#15
Razor
28/10/10, 11:12 pm
Well I was gonna call in and give a shout-out to you Steph…but, er, I don’t own any shares
#16
Psychotext
28/10/10, 11:28 pm
“Sony actually posted 3.2 million PS3 sales for the same quarter last year, so theoretically at least, Sony should post around 3.2 or higher tomorrow.”
The slim released in this quarter last year, it’s not guaranteed that they’ll have matched the shipments this time around.
(Though it’s hard to say for sure because whilst the PS3 slim shipment would have been a significant size, obviously standard PS3 shipments would have stopped being made just before it)
#17
Stephany Nunneley
28/10/10, 11:29 pm
@15 Thanks Razor. It’s the thought that counts
#18
Blerk
29/10/10, 9:02 am
Nintendo posts a big loss, Microsoft and Sony are in profit. Seems the whole ‘expanded audience’ experiment is finally losing steam, good job Microsoft and Sony aren’t releasing new controllers aimed at the casua…. wait!
#19
Robo_1
29/10/10, 9:58 am
To be fair, that’s got to be much more of a concern for MS than Sony. Move has clearly been positioned as an addition to the PS3, whilst Kinect is being rolled out as a full on new console experience.
The launch software reflects that too.