Microsoft: IT Spending Refresh Finally Arrives

By eWEEK Staff

Microsoft executives are saying they see the beginning of a long-heralded business IT refresh, and suggested during an April 22 earnings call that it could persist for a number of years. While Microsoft reported increased spending on its business products during the third quarter of fiscal 2010, revenues for the Microsoft Business Division remained lower than in the same quarter a year ago.

According to those executives on the earnings call, Microsoft's enterprise services grew at a quarterly rate of 5 percent, while revenue for its virtualization solutions rose by more than 20 percent. Revenue for its Server and Tools division reached $3.57 billion for the quarter, up from $3.49 billion during the same quarter in 2009. Sales of the Windows operating system are apparently expected to exceed sales of PCs, as customers upgrade existing devices in addition to purchasing new ones.

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This article was originally published on 2010-04-23