Losing $ 1 billion because of Xbox, Microsoft still has a big profit

Software giant's second-quarter profit still soared 11% year-on-year, reaching $ 3.03 billion thanks to revenue from Windows Vista operating systems and new Office software packages.

According to Microsoft, the profit was even higher, if there was no hardware failure of the Xbox 360 gaming machine. Microsoft had to repair or replace damaged products for customers, causing For the net profit of the quarter, it lost 749 million USD.

Sales in the 4-6 months of Microsoft also increased by 13%, reaching 13.37 billion USD. This achievement was mainly due to the emergence of Vista, the latest version of the Windows operating system and the 2007 Microsoft Office office suite, despite initial reports of the poor consumption of these two products. , most of Vista.

Thus, Microsoft 's revenue and profit all reached Wall Street expectations. In the fiscal year 2006 - 2007 (closing date on June 30), Microsoft achieved total revenue of 51.1 billion USD and net profit of 14.06 billion USD.

Confidence for 2008

Source: AP " Overcoming the $ 50 billion revenue milestone is evidence that the creativity and value that our products have brought to the market.

It is also the result of hard work from sales, marketing and the help of partners, "said Chris Liddel, Chief Financial Officer of Microsoft.

" Last year was a strong financial year for the company. We have a strong business core and are investing strategically in areas with strong growth opportunities.

We believe that revenue and profit in fiscal year 2008 will continue to remain at the double-digit level , "said Lidden confident.

Earlier in July, Microsoft had made investors sweating when it said it could cost more than $ 1 billion to fix a hardware failure within Xbox 360. The company commented that the number of machines broken "is not acceptable".

Microsoft was forced to extend the Xbox 360 warranty from 1 to 3 years and accept refunds for customers who missed the repair before the "Free Xbox 360 Repair and Repair" program started.

Trong Cam