I want to talk to you about the principles in which we manage our business. As you know, Xbox has gone through a kind of transformation over the past three or four years..

when I get into my talk I'll be really focused on the bottom two boxes, and particularly on Windows Azure and SQL Azure, but almost all, in fact, all eight of the key strategic areas of focus for the company have some element of cloud to them..

I’m pleased to be able to share with you our excellent results for the first quarter, which reflect the ongoing strength and breadth of our product portfolio. Demand from both businesses and consumers drove healthy revenue growth..

In terms of the mobile business at Microsoft, I think many of you know we've been in the business for a little while now, and we've just announced Windows Phone 7 has RTMed. We are looking forward to having the phones in markets for the holiday season..

And as you can see, FY10 was just a great year for Microsoft. In addition to the fact that we grew revenue 7%, we grew earnings per share 30% year-over-year and we think that was a great outcome..

There are three things we want to cover today. First, using the whole PC to browse and what that means for your experience on the Web. Then, we will check out Internet Explorer 9, the beta..

We also said we expect our Windows revenue to be largely inline with the PC market, whatever that turns out to be. So, in terms of the overall market, it's very early for us in our fiscal year. I think we need to..

we've seen a steady up-tick in spending with the enterprise over the last three quarters. We measure this week-by-week. We look at our various license trends week-by-week..

we're super excited about Windows 7 and were very excited about the operating system. We commented on the call that there have been 175 million copies of Windows 7 sold..

I'm going to pick up and really talk about our consumer businesses today, because I think a lot of the issues that we see in our consumer businesses are very much on the minds of our shareholders..

I’m very pleased to share with all of you our strong financial results - we achieved record revenue, operating income, and earnings-per-share for both the fourth quarter and the full year. .

It is this belief that led us to remove the last barrier between you and the entertainment you love. By making you the controller, we will transform how you and your friends experience games and entertainment..

So, just to level set everybody, we put a press release out last night with the pricing from the convertible offering. I think it's a great time to do an instrument like that. Interest rates are low, market volatility is high, so, the pricing opportunities are there for an instrument like this..

It is an exciting time for us. I've been out on the road the last couple months. We just did, May 12th, our business launch for our office and SharePoint, as well as Visio and Project applications came to market..

I'm going to start with just a few slides to set up the common ground on what we mean when we talk about cloud computing, and specifically what we're referring to when we talk about the Windows Azure platform..

There are three things to talk about with Windows 7 over these past seven months. The first is that the consumer excitement and satisfaction with Windows 7..

and what we're trying to do in the world of technology and hopefully a little bit of discussion of the company always prompts some thoughts that might be useful to others..

You're right, because within the Microsoft Business Division, we've got a mix of consumer and business, 20 percent of our revenues are consumer related, about 80 percent on the business side...

As we move into Holiday 2010, E&D grabs that baton with the launch of Natal - which is the new controller-less gaming and entertainment experience that we announced..

Today, I want to talk about the cloud. The cloud sort of is part of that Internet gift. It's the next step, it's the next phase, it's the next transition, and depending on who you are, and how you think..

Today I want to talk to you about how Microsoft is positioned for growth. Positioned for top-line and bottom-line growth..

Well, through 2009, we did not see a huge amount of recovery in enterprise spending. And most of my business is focused on business customers..

Last week we were in Barcelona where we announced Windows Phone 7 Series. For us this is an important milestone..

We examined all of the options open to us, everything from the role of services, role of the software on the phone, even contemplated whether we should build phones ourselves..

Well, clearly, for the last couple quarters it's been a pretty consumer-led recovery, as we talked about on the [most recent earnings] call..

I've been in the TV industry for a long time, as you say. And we've talked about convergence really from the consumer electronics perspective for a long, long time..

So what I thought I would do is just talk to a few of the momentum points. We've just come out of our second quarter..

It's great to have you. I would like to just start out the conversation with an update on current market environment..

I'm responsible for the business aspects of Bing, our search engine, and MSN. So, that includes product management, marketing, strategic development..

Well, I think one of the things we're aware of is it's a new world out there, and the IT industry itself both from a business perspective and how consumers spend..

Good morning and welcome, everyone. I'd like to call the 2009 Annual Shareholder Meeting to order..

I thought maybe it would be good to step back for a moment and tell you a little bit about where the strategy that we're on came from, because it might give..

The four things I want to talk about today are, the past few years, and what's happened in our business. I want to talk about games..

As part of our Fiscal Year 2009 Fourth Quarter Earnings Presentation on July 23rd, we provided a slide to help you model some recent organizational and reporting changes..

So, very quickly, our online business consists of three parts. There is a fourth element that I'll reference..

We’ve spoken earlier this year and you’ve done a lot of work on the macro. What are your expectations on where we go from here..

And the obvious question is around product cycles. You've obviously got a lot of product cycles coming up..

Maybe you can just talk a little bit generally about Windows 7, and what the hardware PC guys are telling you, what feelings are..

You know, if you think about virtualization, what we see is it's a journey, it's a path, it's an evolution, and what we see most companies start with ..

The last quarter in the PC business was mainly driven by macro factors, and then there was a little bit of a nuance associated with some inventory buildup that ..

Welcome to the Microsoft 2009 Financial Analyst Meeting and welcome to those of you who are on the Web. We are streaming today's meeting today live on ..

Good morning, and welcome to today's joint Yahoo! and Microsoft conference call..