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Windows Phone 7 News, Strong Revenues Marked Microsoft Week

Windows Phone 7 News, Strong Revenues Marked Microsoft Week

Microsoft’s week involved Windows Phone 7 reaching its “technical preview” milestone, and announcing stronger-than-expected quarterly results.

Symbolically, it could have been a very bad week for Microsoft: as the company headed into the July 22 earnings announcement for its fiscal fourth quarter, a number of Wall Street analysts were predicting quarterly revenues of $15.2 billion. That would be more than enough for most companies, but it would also lag behind Apple’s revenues of $15.7 billion.

Ten years ago, the idea of Apple surpassing Microsoft in quarterly revenues would have seemed impossible, the fever dream of a Mac obsessive. Although Microsoft’s actual revenues of $16.02 billion placed the company ahead of its desktop-and-smartphone rival—at least for the moment—the closeness of their respective numbers suggests that mobile devices have truly begun to eclipse PCs; Apple’s revenues were largely buoyed by sales of its iPhone and iPad.

Read More/Source: eWeek

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