Microsoft Corp (MSFT)
Earnings Release FY11 Q3
Financial Statements
Income Statements (in millions, except per share amounts) (Unaudited)
  Three Months Ended
March 31,
   Nine Months Ended
March 31,
  2011 2010 2011 2010
Revenue $ 16,428 $ 14,503 $ 52,576 $ 46,445
Operating expenses:
Cost of revenue 3,897 2,755 11,869 9,225
Research and development 2,269 2,220 6,650 6,364
Sales and marketing 3,393 3,203 10,024 9,612
General and administrative 1,160 1,152 3,043 3,076
Total operating expenses 10,719 9,330 31,586 28,277
Operating income 5,709 5,173 20,990 18,168
Other income 316 168 762 821
Income before income taxes 6,025 5,341 21,752 18,989
Provision for income taxes 793 1,335 4,476 4,747
Net income $ 5,232 $ 4,006 $ 17,276 $ 14,242
Earnings per share:
Basic $ 0.62 $ 0.46 $ 2.03 $ 1.61
Diluted $ 0.61 $ 0.45 $ 2.01 $ 1.59
Weighted average shares outstanding:
Basic 8,420 8,767 8,511 8,846
Diluted 8,510 8,876 8,609 8,955
Cash dividends declared per common share $ 0.16 $ 0.13 $ 0.48 $ 0.39
 
Share
FY11 Earnings Release Schedule
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