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Microsoft records first ever fiscal year sales decline

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Microsoft records first ever fiscal year sales decline

For the first time in Microsoft’s history, the software company has reported a year-over-year decline in its sales for fiscal year 2009 (FY2009). Sales fell by 3.2% from 2008, which translates to a $1.98 billion difference. Net profits for FY2009 dropped 17% or $3.11 billion. Microsoft is pointing to the weakened global market for PCs and servers as the reason for the 2009 sales decline.

This news isn’t so rosy when compared with Apple’s most recent financial report. Apple’s first quarter of FY2010 showed the highest springtime sales yet for computers and iPhones and a 22% increase in Apple retail store visitors from last quarter. Hard to tell at this point if this is the start of Apple’s market takeover or if Windows 7 will give Microsoft the boost in sales it needs to stay on top.

Read: [Seattle Times]

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