Dynamics ERP, CRM Revenue Rise as Microsoft Reports Lower Revenue, Profit in First Quarter

Microsoft reported revenue and earnings today that came in lower than in 2011, with GAAP revenue of $16B (down 8%), operating income of $5.4B (down 26%) and earnings per share of $.053 (down 22%).

In an earnings statement the company's focus remains the launch of WIndows 8 (much as it has at this week's Microsoft Dynamics AX, GP, NAV, and CRM user group events). 

"The launch of Windows 8 is the beginning of a new era at Microsoft," said Steve Ballmer, chief executive officer at Microsoft. "Investments we've made over a number of years are now coming together to create a future of exceptional devices and services, with tremendous opportunity for our customers, developers, and partners."

The Microsoft Business Division, h...

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Read the complete post at http://msdynamicsworld.com/story/dynamics-revenue-rises-microsoft-reports-lower-revenue-profit-first-quarter


Posted 2012-10-19 1:43 by Dynamics AX News
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