Microsoft (Nasdaq: MSFT) saw its net profit grow 30% year-on-year to US$5.87bn during the fourth quarter of its fiscal 2011, ended June 30, according to financial results released by the company.
For the quarter, Microsoft's revenue grew 8.2% to US$17.4bn, from US$16.0bn a year ago.
For the full fiscal year, the company's profits increased 23.4% to US$23.2bn from US$18.8bn, while revenues were up 11.9% to US$69.9bn.
The IT giant attributed the results primarily to strong sales of server and tools products, the 2010 Microsoft Office system and the Xbox 360 entertainment platform. Additionally, foreign currency exchange rates had an insignificant impact on revenues, according to the company.
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