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tinman

07/18/02 4:32 PM

#112 RE: HG #111

Microsoft Announces Solid Fiscal Year 2002 Results
Strong Customer Demand for Windows XP and Enterprise Servers Drive Revenue Growth
REDMOND, Wash., July 18 /PRNewswire-FirstCall/ -- Microsoft Corp. (Nasdaq: MSFT - News) today announced revenue of $7.25 billion for the quarter ended June 30, 2002, a 10 percent increase over the $6.58 billion for the same quarter last year. Operating income for the fourth quarter was $2.87 billion, compared to $2.75 billion in the same period last year. Net income and diluted earnings per share for the fourth quarter of 2002 were $1.53 billion and $0.28, which included an after-tax charge for investment impairments of $806 million or $0.15. For the same period of the previous year, net income and diluted earnings per share were $65 million and $0.01, including after-tax charges for investment impairments of $2.63 billion or $0.47.


Seems up slightly