Microsoft (MSFT) just reported 4th quarter, and full year, earnings for fiscal year 2007 which ended June 30th, 2007. Revenues were $13.7B for the quarter, and $51.1B for the year, an increase of 15% over the prior year. Earnings were $.39 per share for the quarter and $1.49 for the year.
Microsoft management offered the following guidance for the full fiscal year ending June 30, 2008:
-- Revenue is expected to be in the range of $56.8 billion to $57.8 billion.
-- Operating income is expected to be in the range of $22.2 billion to $22.7 billion.
-- Diluted earnings per share are expected to be in the range of $1.69 to $1.73.
It has been a great year for Microsoft, and the projections for next year are even stronger. Paul Graham's statement that "Microsoft is Dead" or irrelevant, is clearly wrong. Since when does growing $4B a year = dead?