How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 486.98

-1.4%

Nov 19 3:59 PM EST

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To: blankmind who wrote (26743)	7/19/1999 6:03:00 PM
From: Tokuro Yamashiro	Read Replies (1) of 74651

Redmond, Washington — July 19, 1999 — 1:30 p.m. PT — Microsoft Corp. today announced revenue of $19.75 billion for the fiscal year ended June 30, 1999, a 29 percent increase over the $15.26 billion reported last year. Net income totaled $7.79 billion. Diluted earnings per share were $1.42, a 69 percent increase compared to $0.84 in fiscal 1998. Revenue for the quarter ended June 30, 1999 was $5.76 billion, a 39 percent increase over the comparable quarter in fiscal 1998. For the quarter, net income was $2.20 billion, and diluted earnings per share were $0.40, an increase of 60 percent compared to the $0.25 earned during the same quarter last year.

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