
Microsoft's sales report for the fiscal year ending March was out. Company head Steve Ballmer's big profits because of Office products and their Xbox business.
As quoted from cnet, Friday (04/29/2011) Microsoft's revenue in fiscal third quarter jumped 31 percent from last year, with profits of USD 16.43 billion. Microsoft reports fiscal quarter has ended on March 31, 2011.
"I am quite pleased with the results of this quarter's financial health," said Microsoft's CFO, Peter Klein told analysts, investors, and journalists.
This is very pronounced increase in sales of Microsoft's business division which in total have increased 21 percent. While from the side of the entertainment & devices division, the total has increased 60 percent.
Kinect newly launched in 2010 for the Xbox 360 be one factor in Microsoft's profit booster. 270 million Xbox 360 consoles have been sold in the quarter.

