Keeping up with Intel and Apple, Microsoft too has announced that the quarter ended March 31st (Q3 of fiscal year 2011) was record-breaking, resulting in a revenue of $16.43 billion (up 13% on-year), a net income of $5.23 billion (up 31%) and diluted earnings per share of $0.61 (up 36%).
These results were fueled by the performance of the company's Business Division, which thanks to strong Office 2011 sales saw its revenue increase 21% on-year, and that of the Entertainment & Devices unit (Xbox, Kinect, etc) which grew in sales by 60% over the same period last year.
The Online Services and Server & Tools divisions also did quite good - increasing their revenue by 14% and 11% on-year, respectively, while the Windows unit dragged its feet due to lower PC sales and actually saw a 4% drop in revenue.

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