Microsoft Corporation (NASDAQ: MSFT) reported revenue growth of 6% , but if you include the big jump in deferred revenue, revenue increased 20%, according to the company. Bookings growth was also up over 20%.Microsoft is launching the consumer version of Vista and has also launched a new Office and Exchange Server. These product launches are huge for Microsoft.
Going forward, Microsoft expects double digit revenue growth and for earnings per share to exceed revenue growth.
Chris Liddell, Microsoft's CFO, said he expects an excellent year. He also said that hardware sales for the December quarter were strong, another positive data point for the sofware giant.
Microsoft's stock has had a good run anticipating the launch of Vista. However, it appears results are already exceeding most expectations. It appears Microsoft has its growth back and the stock has more to run. Investors have to ride the Vista launch.
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