Microsoft's Profits Take A Dive In Q1
Microsoft launched the Windows Vista and the company's profits still don't show it: the figures are significantly down.
April 25, 2008
As you may know, the outcome of the Microsoft-EU battle was that the latter slapped the Redmond company with anti-trust fine of $1.42 billion.
Microsoft's champion in terms of sales was the entertainment and devices division, with Xbox 360 sales up 67% and a revenue of $1.6 billion.
Next in line come the PC client business (revenue up 16%), server and tools (up 18%). The business division comes with less than good news, as it took a dive of 9%.
But the worse news for Microsoft was that OEM license revenue was down 24% to $4 billon. PC makers seem to have become reluctant to buy new Vista licenses, as consumers proved to be unwilling to adopt the new OS.