









|
 |
INCOME STATEMENTS
| (In millions, except earnings per share) |
| Year Ended June 30 |
2002(1) |
|
2003(1) |
|
2004 |
| |
| Revenue |
$28,365) |
|
$32,187) |
|
$36,835) |
| Operating expenses: |
| Cost of revenue |
5,699) |
|
6,059) |
|
6,716) |
| Research and development |
6,299) |
|
6,595) |
|
7,779) |
| Sales and marketing |
6,252) |
|
7,562) |
|
8,309) |
| General and administrative |
1,843) |
|
2,426) |
|
4,997) |
| Total operating expenses |
20,093) |
|
22,642) |
|
27,801) |
| Operating income |
8,272) |
|
9,545) |
|
9,034) |
| Losses on equity investees and other |
(92) |
|
(68) |
|
(25) |
| Investment income/(loss) |
(305) |
|
1,577) |
|
3,187) |
| Income before income taxes |
7,875) |
|
11,054) |
|
12,196) |
| Provision for income taxes |
2,520) |
|
3,523) |
|
4,028) |
| Net income |
$35,355) |
|
$37,531) |
|
$38,168) |
| Earnings per share: |
| Basic |
$120.50) |
|
$120.70) |
|
$120.76) |
| Diluted |
$120.48) |
|
$120.69) |
|
$120.75) |
| Weighted average shares outstanding: |
| Basic |
10,811) |
|
10,723) |
|
10,803) |
| Diluted |
11,106) |
|
10,882) |
|
10,894) |
  
|
 |
|
|