Dennis Faas's picture

Microsoft Posts Record Sales Year

Microsoft has posted record sales for fiscal year 2011 based on strong showings for its Office software suite, server programs, and Xbox 360 video game console. It's a somewhat surprising result, given that Windows sales had actually started to ... decline. According to reports, for the fiscal year ending in June Microsoft amassed $69.4 billion in total revenue, a record high and an increase of 12 per cent compared to fiscal year 2010. Of the total, approximately $23 billion was net income, also a substantial increase (23 per cent) from last year. (Source: ) Net Income ... (view more)

Dennis Faas's picture

Microsoft CEO, Exec Salaries Revealed

According to Microsoft's annual board of directors review, company Chief Executive Officer (CEO) Steve Ballmer received a near six per cent salary increase over the fiscal year concluding June 30, 2010. The board's statement also revealed what they ... felt Ballmer had done well (and not so well) as Microsoft's top man. According to Microsoft's annual proxy statement revealed late last week, Ballmer made about $1.34 million over the course of the 2009 / 2010 fiscal year. That represents an increase of about 5.8 per cent from the previous period. For those not wowed by the numbers, keep in mind ... (view more)

Subscribe to RSS - fiscal