Thursday, January 23rd 2014
Microsoft Reports Record Revenue of $24.52 Billion in Q2 FY 2014
Microsoft Corp. today announced revenue of $24.52 billion for the quarter ended December 31, 2013. 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. "These results reflect our focus on execution, cost discipline, and long-term shareholder value as we continue to drive the strategic transformation of the company."
Devices and Consumer revenue grew 13% to $11.91 billion.
"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. "These results reflect our focus on execution, cost discipline, and long-term shareholder value as we continue to drive the strategic transformation of the company."
Devices and Consumer revenue grew 13% to $11.91 billion.
- 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%.
- SQL Server continued to gain market share with revenue growing double-digits.
- System Center showed continued strength with double-digit revenue growth.
- Commercial cloud services revenue more than doubled.
- Office 365 commercial seats and Azure customers both grew triple-digits.
16 Comments on Microsoft Reports Record Revenue of $24.52 Billion in Q2 FY 2014
Of course they should pay taxes in countries where they operate, and not act like thieves, but this is an international law problem affecting all great multinationals (from my very own Shell to McDonalds.., but at least Shell moves my engines whereas McDonalds well, hard to find something more useless than fast food).
Anyway I'm looking forward to the summer, and how the ended XP support will affect MS' finance.
Personally, I find most of these comments hilarious. Even in the face of record profits and revenue; Microsoft is still a dying company. Man, I wish I was "struggling" as much as MS is right now!
And I also don't get all the moaning when it comes to microsoft - if it's such a horrid company use linux...you won't come far with that.
www.informationweek.com/software/operating-systems/hp-windows-7-campaign-sidesteps-windows-81-/d/d-id/1113517
Looking back Win8/8.1 has been basically windows Vista - a stepping stone until the next "full" upgrade.
The old start menu is gone for good. Whatever they produce going forward with be an extension or improvement of what Microsoft is using now. They will produce a start menu "like" interface but it will not be a classic start menu in my opinion.