Company-wide operating income for the quarter came in at $3.89 billion, up 17 percent compared with the prior-year period.
The Mobile and Embedded Devices (MED) group, meanwhile, posted a $14 million loss versus a loss of $9 million in the same period last year. For the nine months ending March 31, MED has racked up a $4 million profit, compared with a $50 million loss for the comparable portion of 2005. Additionally, fiscal year-to-date revenue has been 264 million, vs. 182 million for the same portion of the prior fiscal year.
Mobile and embedded quarterly revenue (*)
Mobile and embedded quarterly bottom line (*)* Note: Microsoft's financial statements for the past several quarters have shown adjusted quarterly revenue and profit data resulting from a restructuring of its product groups in September, 2005.
The Home and Entertainment group, the other group within Microsoft's
Entertainment and Devices division of which MED is a part, reported quarterly revenue of $1.056 billion, up 85 percent over last year due to strong demand for the Xbox 360 system, Microsoft said.
"We are pleased with the increasing pace of revenue growth throughout this fiscal year fueled by strong demand for our new consumer and business offerings," said Chris Liddell, chief financial officer of Microsoft. "We are now accelerating our investments in the business to drive future growth, which is reflected in our financial guidance. We believe next fiscal year will deliver even stronger double-digit revenue growth than this year."
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