微软模板MSFTQ.ppt

Financial Analyst Meeting 2004 Microsoft CorporationFiscal 2006 Second Quarter ResultsJanuary 26, 2006 Q2 Overview Good quarter Revenue growth of 9% Kick off of multi-year product cycle Core software businesses enjoyed healthy growth Server Tools continues to deliver double digit revenue growth, with SQL Server generating over 20% Y/Y growth Mobile Embedded Devices and Microsoft Business Solutions achieved operating profitability during the quarter for the first time Announced an increase in the quarterly dividend and repurchased $7.7 billion in stock Rest of FY06 Preview Continue to expect double digit revenue growth Investing in our business ahead of product launches and in our online assets Financial Summary Total revenue: $11.84 billion 9% growth over the comparable?period last year Q2 guidance was $11.9 – $12.0 billion Operating income: $4.66 billion Q2 guidance was $4.6 - $4.7 billion Diluted earnings per share: $0.33 per share when adjusted to exclude the tax benefit of $0.01 per share Q2 guidance was $0.32 – $0.33 Cash returned to shareholders Quarterly dividend and share repurchases returned over $8.5 billion to shareholders FY06 – Q2 Key Data Points PC market growth estimate: ~14% - 15% Approximate billing mix OEM: ~35% Multi-year licensing agreements: ~25% License only: ~20% EA renewal range of 66% – 75% Unearned balance of $8.8 billion Client Revenue Server Tools Revenue Information Worker Revenue Microsoft Business Solutions Revenue MSN Revenue Mobile Embedded Devices Revenue Home Entertainment Revenue Fiscal Q2 Results Comparative Balance Sheet Guidance* Summary Positive customer reaction to our newly launched products On time launches of products Met expense targets for the quarter Reconciliation Slidesand Appendix Reconciliation of Differences Between GAAP and Non-GAAP Financial Measures: Earnings Per Share Reconciliation of Differences Between GAAP and Non-GAAP Financial Measures: FY06-Q3 operating income and earnings per share guid