![]() Particularly, the company saw increased demand from small and medium sized consumer OEMs, as well as the first signs of spending on enterprise hardware. Revenue growth from the comparable prior-year quarter was driven by both consumer and enterprise demand. The sequential decline was on account of seasonality, as well as $1.7 billion in deferred revenue related to the Windows 7 Upgrade Option and initial sales of Windows 7 to OEMs and retailers that were recognized in the second quarter. Revenue of $14.5 billion was down 23.8% sequentially and up 6.3% year over year. Revenue was basically in line, beating by 0.4%. Microsoft Corporation ( MSFT) reported third quarter 2010 earnings that beat the Zacks Consensus Estimate by 3 cents, or 7.14%. ![]()
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