Intresting points:

• MSN had it’s first profitable quarter, with advertising revenues up 50%.
• Biggest P&L group growth was Mobile and Embedded Device
• Microsoft has $51 billion in cash, Cash + Investments = $65 billion
• Unearned revenue is down to $8.2 billion, which is down more then what we expected. Some of that has to do with security. Security hits the bottom line (and hence the stock price).