Apple Beats Microsoft in First Quarter Profit

154057 microsoft logo

Six months ago, Apple surpassed Microsoft in quarterly revenue for the first time in nearly 15 years, marking a milestone on Apple's tremendous performance in recent years. But despite being passed by Apple in the revenue metric, Microsoft continued to hold off Apple in quarterly profits due to the high profit margins achievable with its software business.

That finally changed this past quarter, with Microsoft today announcing net profit of $5.23 billion for the first calendar quarter (third fiscal quarter) of 2011. Apple last week reported profits of $5.99 billion over the same period, which corresponded to the company's second fiscal quarter of 2011.

Apple has passed its longtime rival Microsoft in a number of metrics over the past year, beginning with market capitalization back in late May 2010. Apple's market cap is now nearly $100 billion higher than Microsoft's.

Top Rated Comments

0098386 Avatar
140 months ago
Apple "beats" Microsoft?
But who has the strongest dad? :rolleyes:
Score: 7 Votes (Like | Disagree)
redvettez06 Avatar
140 months ago
Apple "beats" Microsoft?
But who has the strongest dad? :rolleyes:

ROFL! I totally see what you're saying. Why can't people just avoid fanboyish behavior? Both companies make some great products. Both companies make bad products too. *shrugs*
Score: 6 Votes (Like | Disagree)
MrWinters Avatar
140 months ago
Microsoft is DEAD. And so is Google.

GO APPLE!
Microsoft just posted a record quarter.

"Microsoft reported strong third-quarter sales and earnings, as the software giant weathered slowing PC sales with strong performances from its Office and Xbox businesses.

Net income in the company's fiscal third quarter climbed 31 percent to $5.23 billion on sales of $16.43 billion, a 13 percent gain.

"We delivered strong financial results despite a mixed PC environment, which demonstrates the strength and breadth of our businesses," Microsoft's chief financial officer, Peter Klein, said in a statement. "Consumers are purchasing Office 2010, Xbox, and Kinect at tremendous rates, and businesses of all sizes are purchasing Microsoft platforms and applications."

Read more: http://news.cnet.com/8301-10805_3-20058406-75.html#ixzz1Kqvp0N71"


Just because Apple's profit was higher doesn't dispel the end for Microsoft or Google. Every company in American except one made less profit that Apple, and trust me, they aren't all "doomed or Dead"....

Grow up Mr. Lawyer!
Score: 5 Votes (Like | Disagree)
OneMammoth Avatar
140 months ago
Microsoft is DEAD. And so is Google.

GO APPLE!

Wow! Really! No need to be afraid, we can all get along. There is space for everyone here.
Score: 5 Votes (Like | Disagree)
MrWinters Avatar
140 months ago
You are probably new here, right? :rolleyes:

Yes I am. And fairly new to Apple (switched to Mac in 2006 and iPhone in 2007).

Does being new here mean that I have to learn how a corporation that just recorded at record net income of $5.23 billion is "DEAD"? If so, please enlighten me.

I have worked in finance for 35 years and only hold a Bachelors degree in Buisiness, but I'm sure from your response that you (and others here) know more about business than me. So please explain how the earnings report is an indication of impeding doom.... I'm always willing to learn from a group of experts!
Score: 4 Votes (Like | Disagree)
dwman Avatar
140 months ago
Last 5 years AAPL vs MSFT

This pretty much sums it up.
Score: 4 Votes (Like | Disagree)

Popular Stories

maxresdefault

Review: M1 Max MacBook Pro After Three Months

Wednesday January 19, 2022 11:30 am PST by
It's now been a few months since the M1 Pro and M1 Max MacBook Pro models launched in October, and MacRumors video editor Dan Barbera has been using one of the new machines since they debuted. Over on the MacRumors YouTube channel, Dan has shared a three month review of his MacBook Pro to see how it has held up over time and how it's changed his workflow. Subscribe to the MacRumors YouTube ...
iphone se 2020 top

New iPhone SE Likely to Launch in April Based on Production Timeframe

Wednesday January 19, 2022 6:44 am PST by
Apple suppliers will begin producing display panels for the third-generation iPhone SE this month, with final assembly of the device likely to start in March, according to information shared by display industry consultant Ross Young. Based on this production timeframe, Young believes the third-generation iPhone SE is likely to launch in the second half of April, or perhaps in early May at...
AirPods 3 New Firmware Feature

Apple Updates AirPods 3 Firmware to Version 4C170

Tuesday January 18, 2022 11:46 am PST by
Apple today released a new 4C170 firmware update for the AirPods 3, an update from the prior 4C165 that was made available in December. Apple does not offer details on what's included in new firmware updates for the AirPods‌, so we don't know what improvements or bug fixes the new firmware brings. There is no standard way to upgrade the ‌AirPods‌‌ software, but firmware is...
iPad Air Feature 2 green

New Apple Products Filed in Regulatory Database, Likely Including New iPhone SE and iPad Air

Tuesday January 18, 2022 6:11 am PST by
Apple today filed unreleased iPhone and iPad models in the Eurasian Economic Commission database, as spotted by French blog Consomac. The filings likely represent the rumored third-generation iPhone SE, fifth-generation iPad Air, and potentially more. The unreleased iPhone models have the identifiers A2595, A2783, and A2784, while the unreleased iPad models have the identifiers A2588, A2589, ...
iphone 5g mmwave

U.S. Airlines Warn of 'Catastrophic' Crisis With Impending 5G Rollout, AT&T and Verizon Agree to Delay Around Airports

Tuesday January 18, 2022 10:35 am PST by
Verizon and AT&T's upcoming rollout of new C-Band 5G technology could cause chaos and lead to widespread delays of passenger and cargo flights, major U.S. airlines said on Monday in a letter sent to the White House National Economic Council, the FAA, and the FCC (via Reuters). "Unless our major hubs are cleared to fly, the vast majority of the traveling and shipping public will essentially...
microsoft office icons

Microsoft Releases Office for Mac Update With Full Apple Silicon Support in Excel

Tuesday January 18, 2022 4:15 am PST by
Microsoft has released a new version of its Office for Mac productivity suite that includes an updated Excel app with 100% native support for Apple silicon machines. According to the release notes accompanying version 16.57, Excel will now run natively on Macs powered by Apple's M1-series processors without having to use the Rosetta 2 translation layer, which means anyone using a Mac with an ...
appleeducation

Apple's US Education Store Now Requires Institution Verification to Buy Discounted Products

Wednesday January 19, 2022 2:22 am PST by
Apple is now requiring that customers in the United States verify that they're active students, teachers, or staff members at an educational institution in order to access education discounts on products. Previously, little verification was needed for customers to purchase products through Apple's education store in the United States. Apple's education stores offer models of the iPad and Mac ...
iPhone 14 Mock pill and hole thumb

ProMotion Now Expected to Remain Exclusive to iPhone 14 Pro Models, Not Expand to Entire Lineup

Sunday January 16, 2022 8:56 am PST by
Continuing the tradition set with the iPhone 13 Pro, only the highest-end iPhone 14 models will feature Apple's ProMotion display technology, according to a respected display analyst. Ross Young, who on multiple occasions has detailed accurate information about Apple's future products, said in a tweet that ProMotion will not be expanded to the entire iPhone 14 lineup and will remain...
Beyond iPhone 13 Better Blue Face ID

Rumored iPhone 14 Pro Feature Delayed Until Next Year

Wednesday January 19, 2022 3:00 am PST by
Apple's long-rumored under-display Face ID technology will not be coming to the iPhone 14 Pro, according to recent reports. Based on the latest rumors, it now looks unlikely that the 6.1-inch iPhone 14 Pro and 6.7-inch iPhone 14 Pro Max will feature Face ID technology under the display as several reports claimed over the past year. Display industry consultant Ross Young, who often reveals ...