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Microsoft Reports Record Revenue of $24.52 Billion In Latest Earning Release

January 23, 2014 No Comments

It seems that Microsoft is continuing to succeed in all its endeavors as it releases its official numbers for the last quarter ending December 31, 2013. The company had Double-digit growth in Commercial and Devices and Consumer segments drives record revenue. Check out some of the report below: 

REDMOND, Wash. — January 23, 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.

The following table reconciles these financial results reported in accordance with generally accepted accounting principles (“GAAP”) to non-GAAP financial results. We have provided this non-GAAP financial information to aid investors in better understanding the company’s performance.


3 Month As Of December 31 


($ in millions, except per share amounts)

2012 As Reported (GAAP)

Revenue deferred for Windows Upgrade Offer, Office Deferral, and Video Game Deferral

Revenue recognized for Windows 8 Pre-sales

2012 As Adjusted (Non-GAAP)

2013 As Reported (GAAP)


%Y/Y (Non-GAAP)









Operating Income

















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.

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.”

Check out more of the release at the source below

 Source: Microsoft



I am a ghostwriter..don't know what I do look it up.. I just so happen to have this WP8, so why not write about it? :-)

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