Thursday, April 27, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
FCC Proposes to Roll Back Regulation of the Internet
Twitter's Revenue Drops Despite User Growth
Western Digital Ships Fourth-Generation Ultrastar He12 12TB Hard Drive
Verizon's Latest Unlimited Data Plan Costs $80
LG Display Posts Record Earnings on OLED TV Sales
Google co-founder Sergey Brin Is Building Airship
Uber Faces New Setback In South Korea
Uber Takes to The Skies With Flying Taxis by 2020
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > General Computing > Microso...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, January 23, 2014
Microsoft Reports Record Revenue in Second Quarter


Microsoft today announced revenue of $24.52 billion for the quarter ended December 31, 2013, as the company sold 3.9 million Xbox One consoles and doubled revenue from its line of Surface tablets from a quarter earlier.

Microsoft's gross margin, operating income, net income, and diluted earnings per share for the quarter were $16.24 billion, $7.97 billion, $6.56 billion, and $0.78 per share, respectively.

"Our Commercial segment continues to outpace the overall market, and our Devices and Consumer segment had a great holiday quarter," said Steve Ballmer, chief executive officer at Microsoft. "The investments we are making in devices and services that deliver high-value experiences to our customers, and the work we are doing with our partners, are driving strong results and positioning us well for long-term growth."

"We delivered record revenue as demand for our business offerings remains high and we made strong progress in our Devices and Consumer segment," said Amy Hood, chief financial officer at Microsoft.

Windows OEM revenue declined 3%, reflecting strong 12% growth in Windows OEM Pro revenue, offset by continued softness in the consumer PC market.

Surface revenue more than doubled sequentially, from $400 million in the first quarter to $893 million in the second quarter.

The company sold 7.4 million Xbox console units into the retail channel, including 3.9 million Xbox One consoles and 3.5 million Xbox 360 consoles.

Bing search share grew to 18.2% and search advertising revenue grew 34%.

Last but not least, commercial revenue (SQL Server, System Center, Commercial cloud services, Office 365) grew 10% to $12.67 billion.

"We significantly outpaced enterprise IT spend as we continue to take share from our competitors by delivering the devices and services our customers need as they transition to the cloud," said Kevin Turner, chief operating officer at Microsoft. "Our commercial cloud services revenue grew more than 100% year-over-year, as customers are embracing Office 365, Azure, and Dynamics CRM Online, and making long-term commitments to the Microsoft platform."




Previous
Next
Samsung's Fourth Quarter Profit Declined        All News        Qualcomm Acquires Palm, IPAQ and Bitfone Patent Portfolio from HP
Samsung's Fourth Quarter Profit Declined     General Computing News      Carl Icahn Issues Open Letter To Apple Shareholders

Get RSS feed Easy Print E-Mail this Message

Related News
Microsoft Says U.S. Foreign Intelligence Surveillance Requests Doubled
Microsoft Announces Patent License Agreement with Toyota
Adobe, Microsoft To Offer Solutions That Share Sales Data
Microsoft and Steelcase Present Concepts For The Future Workplace
Microsoft's Outlook.com Premium Emal Service Now Available
Microsoft To Give A Face Lifting To Windows 10 With 'Project NEON'
Microsoft Edge Will Soon Get New Features
Cloud Services Boost Microsoft's Sales And Profit
Microsoft Announces Intune for Education And New Windows 10 PCs for School
Microsoft, NXP Semiconductors, IAV and Auto Mobility Partners showcase Technologies For Safe And Personalized Automated Friving at CES 2017
Microsoft Partners with TomTom Mapping Company On Azure
European Commission Approves Acquisition of LinkedIn by Microsoft, Subject to Conditions

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2017 - All rights reserved -
Privacy policy - Contact Us .