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Microsoft hits record revenues, but still plays second fiddle to Apple

Microsoft hits record revenues, but still plays second fiddle to Apple Created by MG1 on Jul 25, 2011

Over at Microsoft HQ in Redmond there will be some big back slapping going on after the tech giant recorded a record quarter and a record year in terms of revenue in its annual report.
But behind the slaps and congratulations will be a tinge of anxiety, as its record yearly revenue of $69.94 billion is still well short of the revenue that its big rival Apple is recording - $100.32 billion in the last four quarters.
Although Microsoft and Apple report their annual revenues at different times, with the Apple figure crossing over two reporting periods, the fact is that in the last year Apple has taken in more than $30 billion more than Microsoft in the last year.
Profits are a little closer - M... »read more

More at: Pocket-lint Add additional source

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