April 26, 2007
The VAR Guy has written extensively about Microsoft’s problems. But today, he got a stunning reminder about the company’s power. It takes Microsoft only 10 hours of business to exceed Red Hat’s entire quarterly profit. Skeptical? Check out the math, and nine other facts about Microsoft’s profits.
Microsoft today announced quarterly revenue of $14.4 billion and net income of $4.93 billion. In other words, Microsoft’s daily net income is about $55 million. That’s $55 million in pure profit every 24 hours. Do some quick math and you’ll learn it takes Microsoft only about…
10 hours or so (yes, hours!) to exceed Red Hat’s quarterly net income of $20.5 million.
four days to exceed Research In Motion’s quarterly net income of $187.9 million.
four days to exceed Starbucks’ quarterly net income of $205 million.
one week to exceed Nike’s quarterly net income of $350.8 million.
two weeks to exceed McDonalds’ quarterly net income of $762 million.
two weeks to exceed Apple’s quarterly net income of $770 million.
18 days to exceed Google’s quarterly net income of $1 billion.
23 days to exceed Coca-Cola’s quarterly net income of $1.26 billion.
five weeks to exceed IBM’s quarterly net income of $1.85 billion.
10 weeks to exceed Wal-Mart’s quarterly net income of $3.9 billion.
For a dead company, Microsoft’s profits certainly look lively.
About the Author(s)
You May Also Like
November's Top 20 Stories: Broadcom-VMware, AI in UCaaS, Google Cloud Shake-UpDec 04, 2023
Digital Transformation 2.0? IT Teams Look Ahead to 2024Dec 05, 2023
Insight-SADA Deal Makes Tony Safoian Richest Man in the ChannelDec 04, 2023
AWS re:Invent Partner, Vendor News: Cisco, Salesforce, MoreDec 01, 2023