Microsoft Earnings for the Quarter

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).

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