Microsoft, Record $20.89 billion in revenue, $6.62 billion net income

Microsoft has just announced its second quarter earnings, and it's touting a record $20.89 billion in revenue, up five percent year-over-year. Net income came in at $6.62 billion, which isn't far off at all from the $6.63 billion it netted in the same quarter a year ago. Breaking things down further, the company's Business Division saw a 3 percent increase in revenue to $6.28 billion, its Server & Tools business jumped 11 percent to $4.77 billion, its Windows and Windows Live Division dropped 6 percent to $4.74 billion, its Online Services business was up 10 percent to $784 million and, last but not least, its Entertainment & Devices Division jumped a full 15 percent to $4.24 billion. On that last bit, the company also reminded folks that it's now sold 66 million Xbox 360 consoles and 18 million Kinect sensors, and that its Xbox Live user base now stands at 40 million worldwide. As for Windows, while the division saw a dip in revenue, Microsoft continues to move plenty of Windows 7 licenses -- those now stand at 525 million, up from 400 million in July of last year.

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