News by Michael Oryl on Thursday January 22, 2009.
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Today Microsoft released performance figures for its Q2 2009, which ended on December 31, 2008. The company posted US$16.63 billion in revenue for the quarter, which is a 2% increase from the same quarter in the prior year, but it's net income fell 11 percent from the prior year to settle at $4.17 billion.
As a result, the company announced a plan for eliminating 5,000 jobs across R&D, marketing, sales, finance, legal, HR, and IT over the next year and a half. 1,400 of those job cuts are taking effect today.
In its earnings call, Microsoft mentioned that its Windows Mobile smartphone platform powered 11 phones that have sold more than 1 million units each. The company claims over 20 million in total windows mobile smartphone sales for 2008.