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Documente Cultură
"
(In millions, except earnings per share)
Year Ended
June 30
1997 1998 1999
Revenue $11,936 $15,262 $19,747
Operating expenses:
Cost of revenue 2,170 2,460 2,814
Research and development 1,863 2,601 2,970
Acquired in-process technology -- 296 --
Sales and marketing 2,411 2,828 3,231
General and administrative 362 433 689
Other expenses 259 230 115
Total operating expenses 7,065 8,848 9,819
Operating income 4,871 6,414 9,928
Investment income 443 703 1,803
Gains on sales -- -- 160
Income before income taxes 5,314 7,117 11,891
Provision for income taxes 1,860 2,627 4,106
Net income 3,454 4,490 7,785
Diluted earnings per share * $ 0.66 $ 0.84 $ 1.42
Weighted average shares outstanding * 5,244 5,362 5,482
* Restated to reflect a two-for-one stock split in March 1999
Project 1997
9,000
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Charts
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Charts
Revenue
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