Economics

Microsoft Posts Record-Breaking Revenue on Windows 8 Release

But profits are down

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Hot the heels of Apple's record breaking quarter, Microsoft (MSFT) has broken its own revenue record and raked in $21.5 billion in Q2 2013 (calendar Q4 2012). Revenue was only up 3% on the same period last year, though, and profits at $6.4 billion were actually down 4%. Apple's profits, by comparison, were up 13.5%.