Thursday, April 24th 2014
Microsoft Reports $20 Billion Revenue for Q3 FY14
Microsoft Corp. today announced revenue of $20.40 billion for the quarter ended March 31, 2014. Gross margin, operating income, net income, and diluted earnings per share for the quarter were $14.46 billion, $6.97 billion, $5.66 billion, and $0.68 per share, respectively.
The following table reconciles our financial results reported in accordance with generally accepted accounting principles ("GAAP") to non-GAAP financial results for the prior year. We have provided this non-GAAP financial information to aid investors in better understanding the company's performance. Management commentary regarding performance and growth refers to non-GAAP financial results.
"This quarter's results demonstrate the strength of our business, as well as the opportunities we see in a mobile-first, cloud-first world. We are making good progress in our consumer services like Bing and Office 365 Home, and our commercial customers continue to embrace our cloud solutions. Both position us well for long-term growth," said Satya Nadella, chief executive officer at Microsoft. "We are focused on executing rapidly and delivering bold, innovative products that people love to use."
"We delivered solid, broad-based financial results driven by strong execution and continued cost discipline," said Amy Hood, executive vice president and chief financial officer at Microsoft. "We are focusing our resources to drive growth and long-term shareholder value."
Devices and Consumer revenue grew 12% to $8.30 billion.
The following table reconciles our financial results reported in accordance with generally accepted accounting principles ("GAAP") to non-GAAP financial results for the prior year. We have provided this non-GAAP financial information to aid investors in better understanding the company's performance. Management commentary regarding performance and growth refers to non-GAAP financial results.
"We delivered solid, broad-based financial results driven by strong execution and continued cost discipline," said Amy Hood, executive vice president and chief financial officer at Microsoft. "We are focusing our resources to drive growth and long-term shareholder value."
Devices and Consumer revenue grew 12% to $8.30 billion.
- Windows OEM revenue grew 4%, driven by strong 19% growth in Windows OEM Pro revenue.
- Office 365 Home now has 4.4 million subscribers, adding nearly 1 million subscribers in just three months.
- Microsoft sold in 2.0 million Xbox console units, including 1.2 million Xbox One consoles.
- Surface revenue grew over 50% to approximately $500 million.
- Bing U.S. search share grew to 18.6% and search advertising revenue grew 38%.
- Office 365 revenue grew over 100%, and commercial seats nearly doubled, demonstrating strong enterprise momentum for Microsoft's cloud productivity solutions.
- Azure revenue grew over 150%, and the company has announced more than 40 new features that make the Azure platform more attractive to cloud application developers.
- Windows volume licensing revenue grew 11%, as business customers continue to make Windows their platform of choice.
- Lync, SharePoint, and Exchange, our productivity server offerings, collectively grew double-digits.
25 Comments on Microsoft Reports $20 Billion Revenue for Q3 FY14
List of features removed in Windows 8 - Wikipedia, the free encyclopedia
not just the start menu. Maybe not so important for most people as the start menu and the desktop.
Microsoft is bringing back start button not for Cavemen it's because still over 90% of desktop PC's don't have touch screen , the hole world is using PC's and out side US hardly people buying touch screen desktops , and ever since they removed that Start Menu Desktop PC sales have been declining that's why Dell still offers Window 7 to users they are bringing it back to boost sales and make us real pc users happy not for Extraterrestrials.
Besides that, what video and photo editors, or gamers for that matter, want fingerprints all over their screens?