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..