Background
The beginning of Microsoft Inc. started with Bill Gates and Paul Allen writing computer program code for local businesses and municipalities. In 1975 they were inspired by an issue of Popular Electronics that showed the new Altair microcomputer kit, manufactured by MITS Computer. Bill Gates and Paul Allen wrote a version of BASIC, a computer programming language, for the machine. Later that year Bill Gates left Harvard University to work full time developing programming languages for the Altair, and he and Paul Allen relocated to Albuquerque, New Mexico, to be near MITS Computer, where Paul Allen took a position as director of software development. Bill Gates and Paul Allen named their partnership Micro-soft (Microsoft
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They encourage professional development by reimbursing tuition and textbook fees for approved work-related courses (Microsoft.com, 2008).
Financial
INCOME STATEMENTS
(In millions, except per share amounts)
Year Ended June 30 2007 2006 2005
Revenue $51,122 $44,282 $39,788
Operating expenses: Cost of revenue 10,693 7,650 6,031 Research and development 7,121 6,584 6,097 Sales and marketing 11,455 9,818 8,563 General and administrative 3,329 3,758 4,536
Total operating expenses 32,598 27,810 25,227
Operating income 18,524 16,472 14,561
Investment income and other 1,577 1,790 2,067
Income before income taxes 20,101 18,262 16,628
Provision for income taxes 6,036 5,663 4,374
Net income $14,065 $12,599 $12,254
Earnings per share: Basic $001.44 $001.21 $001.13 Diluted $001.42 $001.20 $001.12
Weighted average shares outstanding: Basic 9,742 10,438 10,839 Diluted 9,886 10,531 10,906
Cash dividends declared per common share $000.40 $000.35 $003.40
Attached is an Income Statement from 2005 to 2007 (Microsoft Corporation Annual Report, 2008). As you can see, revenues and net income have continued to increase over the years. Earnings per share have increased as well. This shows that Microsoft is in a good financial standing. This means they are able to pay their shareholders and increase what they
Microsoft earned more on the dollar of their net income for each dollar of the stockholder's equity.
Over the past few years the economy in the United States has taken a downturn. It has been so bad, that some businesses were not able to survive. However, Microsoft Corporation (Microsoft) was not one of those companies. The fiscal strength of Microsoft played a large part in providing the company with the ability and resources to survive the difficult financial markets (Microsoft Corporation, 2009). As a
Microsoft started from extreme curiosity of two youthful boys who visited school together, Bill Gates and Paul Allen. may be the one most noted for Microsoft, however it works out that you will find two males who introduced us this empire software corporation. Gates’ curiosity was sparked in school with a teletype, a pc like machine employed for communication. This is where him and Allen met and grew to become buddies. The 2 would later end up being the entrepreneurs of
* Microsoft has retained $18.9 billion in earning over the years. It has over 2.5 times that amount in stockholder equity ($47.29 billion), no
Microsoft is in an industry that makes it more difficult to apply DuPont analysis averages to determine its financial health. Microsoft obviously operates
Two friends named Bill Gates and Paul Allen founded Microsoft in Albuquerque. They started out with a small company and turned into an empire that employs 100,932 people (as of December of 2013). Before there was Microsoft there was Traf-O-Data, which kept track of traffic data, which at
Microsoft was founded in 1975, and is the worldwide leader in software, services, and solutions (Career). Microsoft is proud to offer great products and employ outstanding people. Previous Microsoft CEO, Steve Ballmer once said, “There are many things that are true about Microsoft. We have big goals, big dreams, and big aspirations for the future. We are both competitive with our products and in the way we attract and retain talent. For me, the most important factor is competition for talent, because I know our success comes from the people who work here” (Foley).
In 1975 Popular Electronics magazine featured a cover story about the Altiar 8800, the first personal computer. The article inspired Gates and Allen to develop the first version of the BASIC programming language for the Altiar. They licensed the software to Micro Instrumentation and Telemetry Systems (MITS), the Altiar's manufacturer, and formed Microsoft (originally Micro-soft) in Albuquerque, New Mexico, to develop versions of BASIC for other computer companies. Microsoft's early customers included fledgling hardware firms such as Apple Computer, maker of the Apple II computer; Commodore, maker of the PET computer; and Tandy Corporation; maker of the Radio Shack TRS-80 computer. In 1977 Microsoft shipped it's second language product, Microsoft FORTRAN, and it soon released versions of BASIC for the 8080 and the 8086 microprocessors.
Microsoft Corporation is a public multinational corporation headquartered in Redmond, Washington, USA that develops, manufactures, licenses, and supports a wide range of products and services predominantly related to computing through its various product divisions. Established on April 4, 1975 to develop
Microsoft Corporation is an American global technology firm develops, manufactures, and sells computer software, electronics, and personal computers. The firm has its headquarters in Redmond, Washington. Bill Gates founded the corporation in 1975 to develop and sell necessary interpreters; it rose with time to become the dominant player in the computer operating system operating system it had its initial public offer (IPO) IN 1986. Its fast growth in the industry has enabled it to acquire Skype technologies in 2011 at the cost of $8.5 billion. The firm has plans to make more acquisitions this year. The profit margin of the company lies at US$16.79 billion.
This report is issued in order to inform the public about Microsoft Corporation. We analyzed the profitability and liquidity of this company. In addition, we were able to provide recommendations for investments or credits in Microsoft for the best interest of the public.
Financial statements are frequently a key source of information for financial decisions and taking a look at Microsoft’s financial statements can help us decide certain things about the company. There are three different types of statements that will be discussed in this section. These include: the balance sheet, the income statement, and the statement of cash flows. They are discussed here in either the sense of quarterly or yearly statements and will be noted as so. All information has been derived from Yahoo Finance. (http://finance.yahoo.com)
In 1975, Bill Gates and Paul Allen created a company called Microsoft. More than thirty years later, Microsoft is a leader in the field of computer programming. Gates and Allen both had big plans for their company and came up with different ways of managing people and products
Micosoft was founded on 4th April 1975 by Bill Gates & Paul Allen and is headquartered in Redmond, Washington (USA). The company provides employment to more than 89000 people. Microsoft recorded revenues of $62000 million in the financial Year 2010 (Microsoft, 2011).
All started when Bill Gate and Paul Allen, two friends that as early as 13 years old started to mess around with computers, drop out of college to create their own business. This business founded April 4, 1975 is known today as Microsoft Corporation. Allen and Gates created a basic interpreter for computers, that was rejected by Digital Research, but later on IBM made a contract with them. The creation of the MS-DOS for IBM in mid-80’s gave Microsoft the high rock success that still last till this day, making them the dominant operating system for personal computers. Likewise, Microsoft became at a later time the leading business in office suite software better known as Microsoft Office.