And adding a high note, Liddell said Microsoft still foresees an "increase in demand for our products that will grow revenue from single digits to low double digits this financial year."

He predicted that growth would be judged as an exceptional performance in the current economic environment.

On the balance sheet, IT showed that it was still a driving force for Microsoft. Revenue in the server and tools business was up 17% from $2.9 billion in the fiscal first quarter on 2008 to $3.4 billion in the same quarter this year.

Microsoft's complete balance sheet in available on its .