Microsoft announced record third quarter results last week, with profits up by more than 40 per cent. In the three months ended March 31 1996, Microsoft earned $562 million, compared with $396 million for the same period last year. Turnover for the quarter jumped 39 per cent to $2.2 billion.
The success of Windows 95, which is being pre-installed into 70 per cent of personal computers, is seen as a major reason for the 41.9 per cent increase in profits, compared with the same period last year.
Microsoft chief operating officer Robert Herbold said: 'We are very pleased with our results, which were strong across many product lines.'
Despite the glowing outcome of the third quarter, Microsoft is anticipating a slight dip in results for the current quarter, but chief financial officer Mike Brown is on record as saying he is excited about the new fiscal year beginning July 1.
Profits for Microsoft's nine-month period increased by an impressive 54.4 per cent to $1,636 million. Turnover was up 48.6 per cent at $6,416 million.
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