Tag Archives: microsoft corp.

Bing Travel Summer Forecast: Airfares Rise Nearly 15 Percent, Hotels Up 7 Percent

*Fareologists offer insight for how travelers can save money during a tough travel season.*

REDMOND, Wash. — May 4, 2011 — The Fareologists at Bing Travel (https://www.bing.com/travel) today issued their forecast for the 2011 summer travel season, predicting airfare and hotel costs will continue to swell. Compared with last year, airfare is expected to be up 15 percent, with tickets averaging $561, up from $485 last summer. Summer hotel costs will rise by more than 7 percent, with average costs at $242, versus $227 last year.

“Airlines are making deeper cuts in capacity, and surcharges are burgeoning,” said Krista Pappas, global travel industry director at Bing. “With oil prices on the rise, travelers can expect fares to continue to climb to offset fuel costs. Airlines also will continue to charge fees for their services, such as more leg room, premium boarding, baggage fees, Wi-Fi, food and entertainment.” (more…)

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Microsoft Reports Record Third-Quarter Results

*Strong enterprise and Xbox momentum drive revenue growth of 13% and earnings per share of $0.61.*

REDMOND, Wash. — Apr. 28, 2011 — Microsoft Corp. today announced third-quarter revenue of $16.43 billion for the quarter ended Mar. 31, 2011, a 13% increase from the same period of the prior year. Operating income, net income, and diluted earnings per share for the quarter were $5.71 billion, $5.23 billion, and $0.61 per share, which represented increases of 10%, 31%, and 36%, respectively, when compared with the prior year period. Diluted earnings per share included a $0.05 tax benefit primarily related to an agreement with the U.S. Internal Revenue Service to settle a portion of their audit of tax years 2004 to 2006.

“We delivered strong financial results despite a mixed PC environment, which demonstrates the strength and breadth of our businesses,” said Peter Klein, chief financial officer at Microsoft. “Consumers are purchasing Office 2010, Xbox and Kinect at tremendous rates, and businesses of all sizes are purchasing Microsoft platforms and applications.” (more…)

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Microsoft Appoints Satya Nadella as President of Server and Tools Business

*Nadella brings deep engineering and online services knowledge to $15 billion business*

REDMOND, Wash. — Feb. 9, 2011 — Microsoft Corp. today promoted Senior Vice President Satya Nadella to president of Microsoft’s Server and Tools Business.

“We’re already making strong traction across our Server and Tools Business by embracing cloud services,” said Microsoft Chief Executive Officer Steve Ballmer. “Satya has deep experience in both our server business and online services, which will help accelerate our momentum while setting the course to deliver the cloud computing scenarios of the future.” (more…)

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Hilton Worldwide Advances Collaboration with Microsoft

MCLEAN, Va., and REDMOND, Wash. — Oct. 6, 2010 Hilton Worldwide today announced that it is adopting Microsoft Corp.’s collaboration and productivity tools as part of the company’s Innovation Collaborative initiative. Under the terms of this new agreement, Hilton Worldwide will deploy Microsoft SharePoint 2010, Microsoft Office Communications Server, Microsoft Office 2010 and Windows 7 to its employees and business partners at more than 3,600 properties around the world. (more…)

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Microsoft Announces Forthcoming Availability of Microsoft Dynamics SL 2011

REDMOND, Wash. — Oct. 5, 2010Microsoft Corp. (Nasdaq “MSFT”) today announced that Microsoft Dynamics SL 2011, its enterprise resource planning (ERP) solution designed for midsize project-driven organizations, will be generally available in the second quarter of 2011 in English in the United States, Canada, the Caribbean and Puerto Rico. Availability of a Spanish version for Latin America will be announced later. (more…)

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Xbox 360 Ushers in New Era in Entertainment With Five New, Exclusive Kinect Games by Legendary Japanese Creators

TOKYO — Sept. 16, 2010 Today, Microsoft Corp. and the industry’s leading Japanese storytellers showcased 10 transformative games, including five exclusive titles for Kinect for Xbox 360, the controller-free entertainment experience releasing exclusively on Xbox 360 this November.

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Think the Mouse Is Dead? Think Again With Microsoft’s Arc Touch Mouse

REDMOND, Wash. Sept. 1, 2010 — Some say the mouse’s days are numbered, but today Microsoft Corp. proves the gadget is alive and well by unveiling the Arc Touch Mouse, the first mouse designed to flatten for portability and pop up for comfort. The new mouse features Microsoft’s first touch scroll strip for easy navigation — just move a finger slowly for controlled scrolling or flick for hyperfast scrolling. Windows-based PC users will love packing up their laptop bags without the added bump of a mouse, as the Arc Touch Mouse flattens with just the touch of a finger.

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Microsoft and Salesforce.com Settle Patent Infringement Cases, Reach Patent Agreement

REDMOND, Wash. Microsoft Corp. announced, on Aug.4, that it has settled the patent infringement cases brought by Microsoft before the U.S. District Court for the Western District of Washington and by Salesforce.com in the U.S. District Court of Delaware.

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