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QUARTERLY INFORMATION
(in millions, except per share amounts, unaudited)
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Quarter Ended |
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Sept. 30 |
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Dec. 31 |
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Mar. 31 |
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June 30 |
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Year |
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| 1997 |
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| Revenue |
$2,405 |
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$2,808 |
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$3,365 |
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$3,358 |
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$11,936 |
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| Gross profit |
1,923 |
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2,250 |
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2,782 |
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2,811 |
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9,766 |
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| Net income |
614 |
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741 |
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1,042 |
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1,057 |
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3,454 |
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| Basic earnings per share |
0.13 |
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0.15 |
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0.22 |
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0.22 |
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0.72 |
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| Diluted earnings per share |
0.12 |
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0.14 |
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0.20 |
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0.20 |
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0.66 |
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| Common stock price per share: |
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High |
17.33 |
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21.54 |
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25.88 |
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33.74 |
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33.74 |
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Low |
13.44 |
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16.36 |
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20.19 |
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22.44 |
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13.44 |
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| 1998 |
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| Revenue |
$3,334 |
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$3,792 |
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$3,984 |
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$4,152 |
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$15,262 |
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| Gross profit |
2,800 |
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3,179 |
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3,344 |
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3,479 |
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12,802 |
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| Net income |
663 |
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1,133 |
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1,337 |
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1,357 |
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4,490 |
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| Basic earnings per share |
0.14 |
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0.24 |
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0.27 |
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0.27 |
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0.92 |
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| Diluted earnings per share |
0.13 |
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0.21 |
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0.25 |
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0.25 |
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0.84 |
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| Common stock price per share: |
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High |
37.69 |
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36.66 |
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45.47 |
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54.28 |
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54.28 |
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Low |
30.82 |
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29.50 |
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31.10 |
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40.94 |
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29.50 |
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| 1999 |
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| Revenue |
$4,193 |
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$5,195 |
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$4,595 |
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$5,764 |
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$19,747 |
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| Gross profit |
3,544 |
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4,407 |
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3,887 |
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5,095 |
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16,933 |
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| Net income |
1,683 |
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1,983 |
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1,917 |
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2,202 |
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7,785 |
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| Basic earnings per share |
0.34 |
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0.40 |
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0.38 |
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0.43 |
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1.54 |
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| Diluted earnings per share |
0.31 |
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0.36 |
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0.35 |
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0.40 |
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1.42 |
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| Common stock price per share: |
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High |
59.81 |
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72.00 |
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94.63 |
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95.63 |
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95.63 |
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Low |
47.25 |
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48.13 |
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68.00 |
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75.50 |
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47.25 |
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The Company’s common stock is traded on The Nasdaq Stock Market under the symbol MSFT. On July 31, 1999, there were 92,169 registered holders of record of the Company’s common stock. The Company has not paid cash dividends on its common stock.
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