Microsoft’s net income for the quarter was US$5.23 billion, short of Apple’s US$5.99 billion. The last time Apple reported a stronger profit than Microsoft was in 1991, according to Bloomberg.
While Microsoft experienced a 9% growth in PC shipments to enterprise customers, total PC sales declined 2%. Consumer PC shipments, in particular, fell 8% in that quarter, reports Bloomberg. Netbooks were hurt most by the iPad, with sales plunging 40%.
“You have to live underneath a rock not to know that the iPad has taken share from the netbook,” an analyst told Bloomberg. “It’s a problem on the consumer side, and that’s a market where Microsoft continues to give up territory to Apple.”
[via Bloomberg]
Want to see what 24 hours of creative awesomeness look like? Click here.
This news message is supported by The Creative Finder, an online platform for photographers, illustrators, designers, and art directors to promote their portfolios towards new clients and collaborators. Creatives who wish to sign up for an account can save 10% off annual fees with promo code 'designtaxi'.
