Background Banner
Financial Review - Income Statements
Shareholder Letter Financial Highlights Financial Review Directors and Officers Investor Relations Downloads
Shareholder Letter
English
Canadian-Francais
Chinese
Deutsch
Espanol
Francais
Italiano
Japanese
Nederlands
Portuguese
Financial Highlights
Financial Highlights
United Kingdom
French
German
Japanese
Canadian - French
Australian
Spanish
Financial Review
QTLY Stock Price Info
Business Description
Discussion & Analysis
Market Risk
Income Statements
Balance Sheets
Cash Flows
Shareholders' Equity
Notes
Auditor's Report
QTLY Stock Price Info
Business
Discussion & Analysis
Market Risk
Income Statements
Balance Sheets
Cash Flows
Shareholders' Equity
Notes
Auditor's Report

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)

 

(1) Income Statements for the years ended June 30, 2002 and 2003 have been restated to reflect the retroactive adoption of the fair value recognition provisions of SFAS 123, Accounting for Stock-Based Compensation, as discussed in Note 13.

 

TopNext