Video | Business Headlines | Internet | Science | Scientific Ethics | Technology | Search


Microsoft announces revenue for first quarter

Microsoft today announced its revenue for the quarter ended September 30, 2003.

The company announced revenue of $8.22 billion for the quarter ended Sept. 30, 2003, a six percent increase over $7.75 billion in the prior year.

Operating income for the first quarter was $3.15 billion, compared to $3.03 billion reported in the prior year. Net income and diluted earnings per share for the first quarter of fiscal year 2004 were $2.61 billion and $0.24, which included equity compensation expense of approximately $680 million (after-tax) or $0.06 per share.

For the previous year, net income and diluted earnings per share were $2.04 billion and $0.19, which included a charge for investment impairments of $291 million (after-tax) or $0.03 per share and equity compensation expense of approximately $702 million (after-tax) or $0.06 per share. Prior year operating income, net income, and earnings per share have been retroactively adjusted to reflect the adoption of fair value expense accounting for equity based compensation under SFAS 123.

The full earnings release and all of the related financials are available at

© Scoop Media

Business Headlines | Sci-Tech Headlines


Half A Billion Accounts: Yahoo Confirms Huge Data Breach

The account information may have included names, email addresses, telephone numbers, dates of birth, hashed passwords (the vast majority with bcrypt) and, in some cases, encrypted or unencrypted security questions and answers. More>>

Rural Branches: Westpac To Close 19 Branches, ANZ Looks At 7

Westpac confirms it will close nineteen branches across the country; ANZ closes its Ngaruawahia branch and is consulting on plans to close six more branches; The bank workers union says many of its members are nervous about their futures and asking ... More>>

Interest Rates: RBNZ's Wheeler Keeps OCR At 2%

Reserve Bank governor Graeme Wheeler kept the official cash rate at 2 percent and said more easing will be needed to get inflation back within the target band. More>>


Half Full: Fonterra Raises Forecast Payout As Global Supply Shrinks

Fonterra Cooperative Group, the dairy processor which will announce annual earnings tomorrow, hiked its forecast payout to farmers by 50 cents per kilogram of milk solids as global supply continues to decline, helping prop up dairy prices. More>>



Meat Trade: Silver Fern Farms Gets Green Light For Shanghai Maling Deal

The government has given the green light for China's Shanghai Maling Aquarius to acquire half of Silver Fern Farms, New Zealand's biggest meat company, with ministers satisfied it will deliver "substantial and identifiable benefit". More>>


Get More From Scoop

Search Scoop  
Powered by Vodafone
NZ independent news