Microsoft Corp (MSFT)
Earnings Release  FY12 Q2
Office 2010 continued to show strong adoption
Adjusted for tech guarantee, revenue was up 7% Y/Y
Business annuity revenue was up 12% Y/Y
SharePoint, Exchange, and Dynamics ERP revenue each grew double-digits
Lync revenue grew over 30% Y/Y
Dynamics CRM was up over 30% Y/Y
Office 365 enhancements and strong customer momentum

MBD revenue increased primarily reflecting sales of the 2010 Microsoft Office system. Business revenue increased $420 million or 9%, primarily reflecting growth in multi-year volume licensing revenue, licensing of the 2010 Microsoft Office system to transactional business customers, and an 11% increase in Microsoft Dynamics revenue. Consumer revenue decreased $251 million or 17% due mainly to the recognition of $224 million of revenue in the prior year associated with the Office Deferral. Excluding the impact associated with the Office Deferral, consumer revenue decreased $27 million or 2% due to decreased sales of the 2010 Microsoft Office system

MBD revenue for the three months ended December 31, 2011 included a favorable foreign currency impact of $131 million.

MBD operating income increased due to revenue growth, offset in part by higher operating expenses. Cost of revenue increased, primarily driven by higher online operation and support costs.

Download Segment Information:Excel (27KB)
Share
Microsoft Business Division
RESULTS (in millions, except percentages)
Q212 Q211 Change
Revenue $ 6,279 $ 6,110 3%
Operating
Income
$ 4,152 $ 4,087 2%
FY12 Earnings Release Schedule
IMPORTANT NOTICE TO USERS (summary only, click here for full text of notice); All information is unaudited unless otherwise noted or accompanied by an audit opinion and is subject to the more comprehensive information contained in our SEC reports and filings. We do not endorse third-party information. All information speaks as of the last fiscal quarter or year for which we have filed a Form 10-K or 10-Q, or for historical information the date or period expressly indicated in or with such information. We undertake no duty to update the information. Forward-looking statements are subject to risks and uncertainties described in our Forms 10-Q and 10-K.