'FY09'

Microsoft reports first YoY revenue slide in company history

By: |Apr 24th, 2009 at 03:09PM
Filed Under: Microsoft, News
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This past Wednesday Apple reported a very solid quarter due to growing iPhone and iPod sales that provided enough revenue to diminish its waning personal computer sales. Unfortunately it looks like Microsoft had no such cushion. For the first time in the company’s storied 23-year history, Microsoft reported a year over year slide as Q3 FY09 revenue declined 6 percent to $13.65 billion. Net income slid as well, down a disheartening 32 percent YoY to $2.98 billion. While enterprise revenue remained stable...

Apple’s Q2 FY09 is in: 6 percent growth YoY

By: |Apr 22nd, 2009 at 05:19PM
Filed Under: Apple, News
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‘Tis the season and with the financial world standing at attention, Apple has just made its Q2 results for the fiscal year 2009 public. Despite a few who speculated that Wall Streets projections could be a bit of a reach in some areas, Apple managed to surpass projections just about everywhere. Starting with revenue, Apple pulled down $8.16 billion representing a solid 6 percent growth year over year. Profits were up YoY as well, from $1.05 billion in Q2 FY08 to $1.21 billion in Q2 FY09. As far as shipm...