Microsoft profit soars 58% on strength of Windows 95; fiscal 1st-quarter results top estimates; doubts on system's debut ease

Article Abstract:

Microsoft announced that its profits increased by 58% in its fiscal 1st qtr on strong sales of its new Windows 95 operating system. The company's net income reached $499 million, or 78 cents per share for the 1st qtr, which ended Sep 30, 1995, up from $316 million, or 51 cents per share in 1994. The impressive income gains exceeded analysts' estimates by an average of 10%. The company's revenue during the period increased by 62% to $2.02 billion for the quarter, up from $1.25 billion in 1994. The outstanding results demonstrate that the technology sector remains extremely strong. Many analysts had become uneasy about the sector's future prospects. Microsoft credits its excellent results to strong sales of its Windows 95 product. The company reported that about 7 million copies of the product were sold in five weeks. Most analysts estimated that only about 4 million copies would be sold during that time frame.

Systems Software Pkgs, Software, Finance, Statistics, Company sales and earnings, Microsoft Windows 95 (Operating system), Company Financial Information, Company Sales/Revenue, Company Earnings/Profit

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Microsoft leads California police in software seizure: firm turns to criminal law to fight counterfeiting and its drain on revenue

Article Abstract:

Microsoft Corp and Southern California police ended a month-long investigation of suspected software piracy by locating a computer warehouse filled with 3,000 copies of counterfeit software. Police and Microsoft investigators were led to Entech Computer Inc, a company that unwittingly sold 3,000 copies of MS-DOS 5.0 for $84,000 to members of the raid. Over $200,000 worth of illegal copies of the software, as manufactured by Microsoft licensee BEC Computer, were also seized during the investigation. Computer software piracy costs the software industry about $14 billion annually, but some analysts claim that software publishers benefit from some copying because it acts as a form of free advertising and exposure to the company's products. The Software Publishers Association has also filed suits against suspected software pirates since in between 1987 and 1992.

Computer integrated systems design, Computer programming services, Cases, Laws, regulations and rules, Investigations, Law enforcement, Crime, Software piracy, Legal Issues, Court Cases, Investigation, Entech Computer Inc.

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Symantec to buy Delrina in swap for $415 million; 'utilities' software maker to broaden lines in bid to fend off Microsoft

Article Abstract:

Symantec Corp is planning to acquire Delrina Corp in a stock swap estimated to be valued at $415 million. The acquisition would give Symantec access to a number of utilities that it lacks, especially Delrina's well-known WinFax fax communications software. This would allow Symantec to expand on its own product lines, which include file management and virus protection utilities. Symantec's position in the utilities market has slowed as Microsoft has added more functions to its operating systems and the software industry is waiting for Microsoft's forthcoming Windows '95 operating system, which will include fax communication capabilities for the first time. Analysts say that rather than a threat, Windows 95 presents an opportunity for Symantec and they predict that the company will stay ahead of Microsoft.

Communications Software NEC, Mergers, acquisitions and divestments, Product information, Telecommunications software, Symantec Corp., SYMC, Delrina Corp., Company Acquisition Merger

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