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Financial report1 page

Microsoft Form 10-Q: Q2 Fiscal Year 2003

Microsoft achieved robust financial performance during the second quarter of fiscal year 2003, characterized by a 10 percent increase in quarterly revenue and a rise in net income to $2.55 billion.

  • As of December 31, 2002, Microsoft reorganized its operations into seven new segments: Client, Server Platforms, Information Worker, Business Solutions, MSN, CE/Mobility, and Home and Entertainment.
  • Microsoft reached a final judgment in its antitrust litigation on November 1, 2002, which largely mirrored its previous settlement with the DOJ and nine states, though Massachusetts and West Virginia appealed the decision.
  • On January 21, 2003, a court granted Sun Microsystems a preliminary injunction requiring Microsoft to distribute specific Sun Java software with Windows XP and prohibiting certain distributions of Microsoft's own Java version.
MicrosoftJan 2003
Financial report1 page

Microsoft Form 10-Q: Q1 FY2003

Microsoft achieved robust financial performance during the first quarter of fiscal year 2003, reporting revenue of $7.75 billion and net income of $2.73 billion.

  • Microsoft reported total revenue of $7.75 billion for the quarter ended September 30, 2002, representing a 26% increase over the same period in the prior year.
  • The Home and Entertainment segment revenue grew to $505 million, driven primarily by the launch of the Xbox video game system and related game sales, compared to $236 million in the prior year quarter.
  • Consolidated operating income rose to $4.05 billion for the quarter, up from $2.89 billion in the same period of 2001.
MicrosoftNov 2002