Microsoft Corp (MSFT)
Earnings Release FY11 Q2
Financial Statements
Income Statements (in millions, except per share amounts) (Unaudited)
  Three Months Ended  
December 31,
   Six Months Ended  
December 31,
  2010 2009 2010 2009
Revenue $ 19,953 $ 19,022 $ 36,148 $ 31,942
Operating expenses:
Cost of revenue 4,833 3,628 7,972 6,470
Research and development 2,185 2,079 4,381 4,144
Sales and marketing 3,825 3,619 6,631 6,409
General and administrative 945 1,183 1,883 1,924
Total operating expenses 11,788 10,509 20,867 18,947
Operating income 8,165 8,513 15,281 12,995
Other income 332 370 446 653
Income before income taxes 8,497 8,883 15,727 13,648
Provision for income taxes 1,863 2,221 3,683 3,412
Net income $ 6,634 $ 6,662 $ 12,044 $ 10,236
Earnings per share:
Basic $ 0.78 $ 0.75 $ 1.41 $ 1.15
Diluted $ 0.77 $ 0.74 $ 1.39 $ 1.14
Weighted average shares outstanding:
Basic 8,497 8,856 8,555 8,885
Diluted 8,570 8,951 8,646 8,975
Cash dividends declared per common share $ 0.16 $ 0.13 $ 0.32 $ 0.26
 
FY11 Earnings Release Schedule
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