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Microsoft Earnings Call, Fourth Quarter 2008 |
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Author: Rozalina Destanova
123jump.com
Last Update: 5:16 AM ET July 19 2008
Revenue grew 18% to $15.8 billion, with every business growing in the mid-teens or higher. Unearned revenue grew 21% to $15.3 billion, over $600 million above high-end guidance. Contracted not billed balance increased both sequentially and year over year to over $13 billion, about $3 billion above where the company started the fiscal year. The company repurchased 171 million shares, or almost $5 billion of company stock, and paid out about $1 billion in dividends to shareholders. |
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