Microsoft has ended its financial year with record revenue and strong profits as businesses began updating their computer technology.
Microsoft reported a $4.52 billion profit on revenue of $16 billion in its fourth quarter, which ended on June 30.
'This quarter's record revenue reflects the breadth of our offerings and our continued product momentum,' Microsoft chief financial officer Peter Klein said.
Microsoft credited the strong sales figures in part to the successful launch of its latest-generation Office 2010 software and to continued strong demand for its new Windows 7 operating system.
The popularity of its Xbox 360 video game consoles and Bing's improving share of the internet search market also contributed to the successful final quarter of its fiscal year.
Microsoft said it finished the financial year with record-high revenue of almost $62.5 billion and profit of $18.76 billion.
The company said it was encouraged by the resurgence of computer purchases by businesses that had stopped upgrading technology while riding out the global financial chaos.
Microsoft warned that emerging markets, such as China, where the company makes less money off its products were the 'significant drivers' of the PC market.
Microsoft sold approximately 1.5 million Xbox 360 consoles, marking a 26% increase from the same period last year, and membership in the gaming system's Xbox Live online community tops 25 million.
