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SharePoint sales help Microsoft reach record revenue

by | Jan 26, 2012

Microsoft recently released financial results from its 2011 second quarter, which showed that SharePoint continues to help drive sales.

According to the company, quarterly revenue reached an all-time high of nearly $21 billion, increasing 5 percent compared to the same period in 2010. Microsoft’s operating income was nearly $8 billion during the period, while its net income surpassed $6.6 billion.

In 2011, nearly 200 million licenses of Office 2010 were sold and revenue from SharePoint and Exchange increased by more than 10 percent compared to the previous year.

“We saw strong demand for our business products and services, despite the soft PC market and continuing economic uncertainty in key parts of the world,” said Microsoft CFO Peter Klein. “We delivered record earnings per share by continuing to manage our costs while investing for future growth.”

Since its release, SharePoint has helped organizations collaborate more effectively. According to a recent TechTarget report by contributing writer George Khalil, the software has changed in recent years to become an enterprise content management solution to help increase employee productivity.