Windows 7 Main Catalyst Behind Microsoft (MSFT) Performance

Microsoft (NASDAQ: MSFT) posted its Q2 financial numbers after market closing on Thursday. It reported a net income of $0.74 per share. Microsoft's revenue stood at $19 billion.

According to CNBC's Jim Goldman, the main driver behind these impressive numbers is Windows 7. Microsoft's Windows unit garnered $6.9 billion in sales revenue. Its Business Division also surpassed the market estimates and posted $4.7 billion in revenues. This indicates that Microsoft is gaining its corporate clients back.

However, the weakness in Entertainment and Device division indicates that all is not well with Xbox. In brief, this quarter's strong performance underscores the power of the Windows 7 upgrade cycle.