BRIEF: For the three months ended 30 September 2009, Microsoft Corporation's revenues decreased 14% to $12.92B. Net income decreased 18% to $3.57B. Revenues reflect a decrease in income from Client segment due to PC market weakness, especially PC's sold to businesses. Net income also reflects lower gross margins, increased cost of revenue, higher research & development expenses and the presence of employee severance expenses.

Common Stock $.00000625 Par, 10/09, 24B auth., 8,879,121,378 issd. Insiders own 12.82% (incl. 21.4M options). IPO 3/86, 2.8M shs. @ $21 by Goldman, Sachs & Co. 6/92, 6/91, 3-for-2 stock splits; 2/03, 3/99, 2/98, 12/96, 5/94, 4/90, 9/87, 2-for-1 stock splits. *4/01, Company acquired Great Plains Software @ 1.1 shares (22,248,761 shs. issd.)

Microsoft Corporation is engaged in developing, manufacturing, licensing, and supporting a range of software products and services for different types of computing devices. The Company operates in five business segments: Client, Server and Tools, Online Services Business, Microsoft Business Division, and Entertainment and Devices Division. The software products and services include operating systems for servers, personal computers, and intelligent devices; server applications for distributed computing environments; information worker productivity applications; business solutions applications; computing applications; software development tools, and video games. The Company provide consulting and product and solution support services, and trains and certifies computer system integrators and developers. It also designs and sells hardware, including Xbox 360 video game console, the Zune digital music and entertainment device, and peripherals.