Apple Beats Microsoft in First Quarter Profit

[MacRumors]

Six months ago, Apple surpassed Microsoft in quarterly revenue for the first time in nearly 15 years, marking a milestone on Apple's tremendous performance in recent years. But despite being passed by Apple in the revenue metric, Microsoft continued to hold off Apple in quarterly profits due to the high profit margins achievable with its software business.

That finally changed this past quarter, with Microsoft today announcing net profit of $5.23 billion for the first calendar quarter (third fiscal quarter) of 2011. Apple last week reported profits of $5.99 billion over the same period, which corresponded to the company's second fiscal quarter of 2011.

Apple has passed its longtime rival Microsoft in a number of metrics over the past year, beginning with market capitalization back in late May 2010. Apple's market cap is now nearly $100 billion higher than Microsoft's.

Article Link: Apple Beats Microsoft in First Quarter Profit

 

[louis Fashion]

Anyone looked at Mr. Softy's stock price? What a dog.

 

[Skika]

Cheers!

 

[ProwlingTiger]

Wirelessly posted (Mozilla/5.0 (iPhone; U; CPU iPhone OS 3_1_3 like Mac OS X; en-us) AppleWebKit/528.18 (KHTML, like Gecko) Version/4.0 Mobile/7E18 Safari/528.16)

$100B past Microsoft in 1 year is tremendous. Go AAPL!

 

[lsvtecjohn3]

Sad day for dem boys in Redmond

 

[G4DP]

.

 

[FriarNurgle]

Sounds like we need the return of the I Am Rich app.

 

[0098386]

Apple "beats" Microsoft?
But who has the strongest dad?

 

[jsoto]

Congrats!

 

[dethmaShine]

Well MS has two games to play on:

1. Tablet/Phone

The tablet/phone is going to be a big deal. If they do well, they are going to generate good profits.

2. Operating System/ Office

Unless and until MS does something new under operating systems, throwing windows 8 is not going to make a big difference. Also, till the time Windows 8 comes out MS's profits are going to decrease.
Kinect is out/ Windows 7 is out - This side is gonna go down.

So till the time Windows 8 is ready MS has to count on the mobile business.

 

[spencers]

Sorry Microsloth

 

[PlutoPrime]

Something to throw

I hope there are extra expensive chairs lying around Ballmer's office today

 

[SockRolid]

Not bad, considering the worldwide economic downturn. Just wait until the economy heats up again...

 

[rjohnstone]

That much money selling expensive toys.

 

[Consultant]

Congrats Apple!

Now if Apple can magically stop the knockoffs from copying it.

I hope there are extra expensive chairs lying around Ballmer's office today

Exactly. Ballmer is going to play donkey kong with his staff soon.

 

[scrapple]

yawn..
they both made billions... who cares.

 

[locust76]

inb4 *****storm

 

[arcite]

Crush your enemies, see them driven before you, and to hear the lamentation of their women.... Oh and beat Microsoft in first Quarter profits.

 

[Popeye206]

Balmer is thinking early retirement I'm sure.

Who would have ever thunk that little old Apple would eventually pass MS?

 

[neiltc13]

Microsoft is still doing very well. They're making the best products they ever have done and as a customer I am very pleased with all of my Microsoft purchases.

- Zune desktop software
- Zune hardware and mobile software
- Windows Phone 7
- Windows 7
- Office 2010
- Office 2011 for Mac
- Xbox 360
- Xbox Live

All great products and deserve to be class leaders if they are not already. I can't think of another company (including Apple) that has put out such a fantastic range of very good products.

 

[maclaptop]

It's a great result!

History in the making.

Cheers To The "Kids" from Cupertino

Woz will be proud.

 

[Full of Win]

The worm has turned.

 

[redvettez06]

Apple "beats" Microsoft?
But who has the strongest dad?

ROFL! I totally see what you're saying. Why can't people just avoid fanboyish behavior? Both companies make some great products. Both companies make bad products too. *shrugs*

 

[medster17]

Congratulations to apple, eventually this day had to come. Microsoft has been slacking off in the past few years and this will make them see the larger picture.


Sent from my iPhone

 

[tripjammer]

Well MS has two games to play on:

1. Tablet/Phone

The tablet/phone is going to be a big deal. If they do well, they are going to generate good profits.

2. Operating System/ Office

Unless and until MS does something new under operating systems, throwing windows 8 is not going to make a big difference. Also, till the time Windows 8 comes out MS's profits are going to decrease.
Kinect is out/ Windows 7 is out - This side is gonna go down.

So till the time Windows 8 is ready MS has to count on the mobile business.

Nintendo is gonna kill them in the Console race. They need to come out with the XBox 720 within 6 months of Nintendo's new machine!