Unit 5 Individual Project 1 Essay Example | Topics and Well Written Essays - 500 words

Unit 5 Individual Project 1 - Essay Example conomic Review, Microsoft is the most admired company in the world, both due to its development and vision, and because of its financial stability and economic strength. It has been on the top of the list for nine straight years. Much of the credit for this goes to the increasing financial growth of the company over the years, and its expanding revenue and costing horizons, thanks to its ever-developing subsidies all around the world. According to the Review, there was a 13% growth in its revenue in the fiscal year ending in June 2003, to an outstanding $32 billion, with an 11% increase in the operating income, to $13 billion (Review 2008). The importance of the growth of its subsidies and global presence can be inferred from the fact that Microsoft decided to spend around $750 million to build up on its position in China by 2005 (Review 2008), a strong market and a booming economic strength that is sure to provide Microsoft with an increased influx of revenue, resulting in an increa sed growth rate and financial stability post-2005 investment. In fact, the financial growth is already apparent. Owing to the increased markets and customers liking for the launch of new features of Windows Vista and Microsoft Office 2007, there has already been a 6% increase in the revenue for the fiscal quarter ending on 31st December, 2006, which reached $12.54 billion, a deferral of $1.64 billion of revenue and operating income, as compared to the figures of the same quarter for the previous year, that is the quarter ending on 31st December, 2005 (Microsoft 2007). All the facts and figures revealing the company’s financial standing and growth are a proof of the economic stability and expansion of