This document analyzes Microsoft's financial performance in the second quarters of 2011 and 2012. It provides revenue and income statement data for Microsoft's divisions in Q2 2011 vs Q2 2012, showing revenues grew 5% overall but operating income declined 2%. The Windows division saw a 7% revenue decline while Server and Tools grew 11% and Online Services grew 10%. The conclusion states Microsoft remains a strong, successful company that must continue innovating to withstand rivalry.

1. Nele Steurbaut
2 Accountancy & Tax 04
2011-2012

2. Overview
 Introduction
 Financial analyse
 Comparing quarters
 Second quarter 2011 vs. second quarter 2012
 Conclusion
 Sources
Nele Steurbaut 2AT04 2

3. Microsoft
 Worldwide leader
 Software, services and solutions
 1975
 60 countries
 20 wealthiest companies
 90000 employees
Nele Steurbaut 2AT04 3

4. Q2 2011 and Q2 2012
Revenues Q2-2012 Q2-2011 Change
Windows & Windows 4.736 5.056 -7%
Live Division
Server and Tools 4.772 4.288 +11%
Online Services 784 713 +10%
Division
Microsoft Business 6.279 6.110 +3%
Division
Entertainment and 4.237 3.698 +15%
Devices Division
Unallocated and other 77 88 -13%
Total Revenues 20.885 19.953 +5%
Nele Steurbaut 2AT04 4

5. Q2 2011 and Q2 2012
Income statement second quarter 2012(in million $)
Q2-2012 Q2-2011 Change (%)
Revenue 20.885 19.953 +5%
Operating expenses:
Cost of revenue 5.638 4.833 +17%
Research and development 2.371 2.185 +9%
Sales and marketing 3.762 3.825 -2%
General and administrative 1.120 945 +19%
Other expenses (income) 0 0
Total operating expenses 12.891 11.788 +9%
Operating income = 7.994 = 8.165 -2%
Nele Steurbaut 2AT04 5

6. Operating income
Q2-2011 vs. Q2-2012
5,000
4,000
3,000
2,000
1,000
Q2-2011
0 Q2-2012
-1,000
-2,000
Nele Steurbaut 2AT04 6

7. Conclusion
 Strong company
 Success
 Rivalry
 Keep innovating
Nele Steurbaut 2AT04 7

8. The end
Thank you for listening to my presentation!
Nele Steurbaut 2AT04 8

9. Sources
 Microsoft Investor Relations, Earnings and financials
(2012, 19 January). Earnings Release FY12 Q2. Retrieved
from:
http://www.microsoft.com/investor/EarningsAndFinancial
s/Earnings/PressReleaseAndWebcast/FY12/Q2/default.asp
x
 Microsoft Worldwide. Retrieved from:
http://www.microsoft.com/worldwide/default.aspx
Nele Steurbaut 2AT04 9