Microsoft earnings climbed by 45.1% in the first quarter

Article Abstract:

Microsoft reports that 1st qtr revenues and earnings were higher than expected. The company had earnings of $209 million or 70 cents a share, up 45.1 percent from $144 million. Revenues rose 41 percent to $818 million from $581 million in the 1st qtr of the 1992 fiscal year. The company credits its profits to the popular Microsoft Windows graphical user interface and the successful sales of the Apple Macintosh software packages. Sixty-five percent of sales of Windows applications are generated through the use of original equipment manufacturers (OEMs). Microsoft receives $35 per OEM shipment compared to $75 for every retail shipment, but the company does not have to package and ship the OEM software so profit margins remain high.

Computer peripheral equipment, not elsewhere classified, Finance, Microsoft Corp., Profits, MSFT, Revenue, Profit, Financial Report, First Quarter

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New data base ended by Lotus and Equifax

Article Abstract:

Lotus Development Corp and Equifax Inc discontinue the development of its Marketplace: Households data base, after receiving 30,000 telephone calls and letters from individuals requesting that their names be deleted from the data base. The data base provides marketing information on 120 million US households, including the name, address, marital status, gender and average neighborhood income. Lotus indicates that its decision to cancel the household version of Marketplace will have no effect on fiscal results for 1991. Some people raise concern over the issue of privacy with the new data base and say that Lotus could not insure that its first release would not contain any names that do not wish to be listed.

Computer software industry, Software industry, Lotus Development Corp., Social conditions, Databases, Product discontinuation, Equifax Inc., Database, LOTS, EFX, Social Issue, Lotus Marketplace: Households (Data base)

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