Microsoft’s Annual Revenue Surpasses $50 Billion
Microsoft Corporation announced revenue of $51.12 billion, a 15% increase over the prior year for the fiscal year ended June 30, 2007. The revenue growth was primarily driven by Microsoft’s flagship products, Windows Vista® and the 2007 Microsoft Office system.
“Surpassing $50 billion in annual sales is a testament to the innovation and value that our product groups delivered into the marketplace, as well as the outstanding execution by our field sales, marketing teams and partners to bring that value to life with our customers,” said Kevin Turner, chief operating officer at Microsoft. “In fiscal year 2008, we will continue to drive growth through new product offerings, such as Windows Server® 2008, Visual Studio® 2008, SQL Server™ 2008, Office PerformancePoint™ Server 2007, and Microsoft Dynamics™ Live CRM.”
Source: Microsoft presspass
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