Oh, poor Microsoft and their declining business. No one thinks they're cool anymore, and that surely means they are going down in flames. After all, they only pulled in a measly $20 billion in revenue last quarter. Wait, what? Indeed, good old Microsoft has had a record quarter with nearly $20 billion in sales, working out to $6.63 billion in profit after all the bills are paid. That's $0.77 per share for you stock market folks.
The cheers are surly rattling the windows up in Redmond on the news. The Entertainment and Devices division saw a 55% increase in revenue on the strength of Kinect and the Xbox 360. This is rather astonishing seeing as the division that makes Windows is only $1.3 billion ahead of the Xbox folks now. That used to be a much wider gulf. All the more reason to milk the current console generation that much more.
One Microsoft product that isn't getting much attention is Windows Phone 7. If it had made an impact on the bottom line, we assume Ballmer would have been dancing on the roof, or something like that. Still, with these sorts of numbers, they can afford to build WP7 slowly.