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Apple tops Microsoft in revenue for third quarter

Posted by Lawrence Bonk as Microsoft, News


Well this is embarrassing. Apple has bested Microsoft in third quarter revenue. The iPad maker recorded a record $20.34 billion this quarter, compared to Microsoft’s $16.20 billion. This is, however, to be expected given Apple’s lock over the portable hardware market.

he one area Microsoft still leads is profit margin. The company reported $5.41 billion compared to Apple’s $4.31 billion. Apple’s profit margin was below expectation this quarter as it dealt with keeping costs low for the iPad and the extra expense of a free bumper program in response to problems with the iPhone 4.

Microsoft’s biggest portion of profits reported were from sales of Office, which garnered $5.13 billion.

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