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May 9, 2016 06:00 pm

Microsoft Hits $1 Trillion In Total Cumulative Revenue: Reports

An anonymous reader writes: Microsoft has hit a major milestone: $1 trillion in all-time cumulative revenue. The finding was first spotted by Jeff Reifman, a tech consultant. According to him, Microsoft hit the milestone in its last quarter. Interestingly, Apple also hit $1 trillion in revenue in 2015. As for profits, Microsoft currently leads the chart with $265.2 billion with Apple trying to close in with $261.6 billion. "You might expect a company to announce a milestone like this and bask in this incredible accomplishment -- but not Microsoft," writes Reifman. "It chose to stay silent as it faces increased public scrutiny for holding $108.3 billion in earnings offshore (an incredible 41% of its all-time profit) and its history of tax dodging at home in Washington State."Microsoft blog MSPowerUser says it independently verified the numbers. According to which, Microsoft's total cumulative revenue as of last earnings call is 1001.569 billion.

Read more of this story at Slashdot.


Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/c7BPI3NO0RI/microsoft-hits-1-trillion-in-total-cumulative-revenue-reports

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