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April 29, 2011 12:27 am GMT

Microsoft Revenue Up 13% to $16.43B, Earnings At $0.61 Per Share

Microsoft just reported its third quarter 2011 earnings today with revenues of $16.43 billion, an increase of 13% from the same period of 2010. Microsoft's operating income was $5.71 billion, its net income was $5.23 billion and its diluted earnings per share were at $0.61 per share. With this report Microsoft beat Wall Streetanalyst expectations which were at 56 cents per share. Microsoft said that the strong financial results were primarily due to Xbox and Kinect sales.

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