 |
 |
INCOME STATEMENTS
| (In millions, except per share amounts) |
|
 |
|
|
|
|
| Year Ended June 30 |
2003 |
|
2004 |
|
2005 |
|
| Revenue |
$32,187 |
|
$36,835 |
|
$39,788 |
| Operating expenses: |
| Cost of revenue |
6,059 |
|
6,716 |
|
6,200 |
| Research and development |
6,595 |
|
7,779 |
|
6,184 |
| Sales and marketing |
7,562 |
|
8,309 |
|
8,677 |
| General and administrative |
2,426 |
|
4,997 |
|
4,166 |
| Total operating expenses |
22,642 |
|
27,801 |
|
25,227 |
| Operating income |
9,545 |
|
9,034 |
|
14,561 |
| Investment income and other |
1,509 |
|
3,162 |
|
2,067 |
| Income before income taxes |
11,054 |
|
12,196 |
|
16,628 |
| Provision for income taxes |
3,523 |
|
4,028 |
|
4,374 |
| Net income |
$07,531 |
|
$08,168 |
|
$12,254 |
|
| Earnings per share: |
| Basic |
$000.70 |
|
$000.76 |
|
$001.13 |
| Diluted |
$000.69 |
|
$000.75 |
|
$001.12 |
|
| Weighted average shares outstanding: |
| Basic |
10,723 |
|
10,803 |
|
10,839 |
| Diluted |
10,882 |
|
10,894 |
|
10,906 |
|
| Cash dividends declared per share |
$000.08 |
|
$000.16 |
|
$003.40 |
See accompanying notes.
|
|
