News Microsoft halves R&D spending, posts record profits By - January 28, 2005 9 FacebookTwitterPinterestWhatsAppLinkedinReddItEmail Microsoft recorded its highest-ever profits in the last quarter of 2004 (FY 2Q 2005), with net income doubling from $1.5bn a year ago to $3.46bn in the most recent quarter’s earnings. Link: theregister.co.uk