BUSINESS
October 24, 2009 | Associated Press
SEATTLE -- Microsoft Corp. said today its net income fell 18 percent in the last quarter, largely because it deferred revenue to let summertime PC buyers get free upgrades to Windows 7, which launched Thursday. Investors looked past that accounting decision, noting that if it had counted its deferred Windows revenue, Microsoft's earnings would have increased 8 percent from last year. Microsoft shares jumped $2.64, 10 percent, to $29.23 in morning trading, hitting a 52-week high.
BUSINESS
October 23, 2009 | Alex Pham
Can Windows 7 repair Microsoft Corp.'s reputation and trigger enough sales to pull the technology sector out of its financial funk? That seemed to be the overriding question Thursday as Microsoft officially took the wraps off its latest operating system, much of which was already public knowledge, with more than 8 million testers having used it since January. In the past, thousands of technology companies could count on each release of a new Windows operating system to deliver its own economic stimulus: Millions of consumers would rush out to buy faster computers and companies would splurge on more powerful computer systems.
BUSINESS
October 23, 2009 | Alex Pham
Most people think of Amazon.com Inc.'s Kindle as a slim piece of hardware the size of a very thin paperback book. In fact, Kindle is also a piece of software that displays digital books on any device Amazon chooses. On Thursday, the Seattle online retailing giant unveiled a Kindle version for computers. The application was part of Microsoft's Windows 7 operating system launch event Thursday in New York. Expected to be released in November, the program will also run on Microsoft's earlier operating systems, Windows XP and Windows Vista.
BUSINESS
October 22, 2009 | Dan Fost
Almost no one found Microsoft Corp.'s last attempt at a new operating system, Windows Vista, very entertaining. So when it came time for the software giant to create the sequel, it hoped a little Hollywood touch would bring audiences back to its screens. Jonathan Wiedemann, the former managing director of Propaganda Films, which made groundbreaking MTV videos as well as films such as "Wild at Heart" and "Madonna: Truth or Dare," has for the last three years been leading a team responsible for a key feature on the Windows 7 operating system, the much-hyped upgrade to Vista that Microsoft will begin selling today.
BUSINESS
January 8, 2009 | Alex Pham
The improvements to Microsoft Corp.'s next version of Windows may be incremental, but they could go a long way toward improving the software giant's reputation. Microsoft on Wednesday released to programmers a trial version of Windows 7, the follow-up to the Windows Vista operating system, which bruised the company with bad reviews and disappointing sales. A version of Windows 7 for consumers to test on their personal computers is expected Friday.
BUSINESS
October 26, 2007 | Joseph Menn, Times Staff Writer
It can take a lot of time to master video games: Microsoft Corp. needed seven years. The world's biggest software company on Thursday reported its largest-ever quarterly profit for its division that makes the Xbox console and such games as the smash hit "Halo 3." Strong demand for "Halo" put Microsoft's entertainment division into the black with a $165-million profit, reversing a year-earlier loss of $142 million.