Heartlezz Crazh
Posts : 88 Reputation : 0 Join date : 2014-07-11 Age : 47 Location : Taylorsville, Utah
| Subject: MICROSOFT POSTS $23.38 BILLION IN REVENUE FOR FISCAL Q4 2014 Thu Jul 24, 2014 2:33 am | |
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http://www.eyeonwindows.com/2014/07/22/microsoft-posts-23-38-billion-in-revenue-for-fiscal-q4-2014/
Microsoft just announced the numbers for the second calendar quarter of 2014, which corresponds to the fourth quarter in the company’s fiscal year, and the result, shall we say, is interesting.
Operating income came in at $6.48 billion, on generated revenues of $23.38 billion.
Net income, however, dropped this quarter compared to a year ago. This year, the number came in at $4.612 billion in net income, while this time last year, Microsoft brought in $4.965 billion on revenues of $19.896. So while revenues have climbed, the operating margin has shrunk.
In the words of Satya Nadella, chief executive officer:
“We are galvanized around our core as a productivity and platform company for the mobile-first and cloud-first world, and we are driving growth with disciplined decisions, bold innovation, and focused execution.
I’m proud that our aggressive move to the cloud is paying off – our commercial cloud revenue doubled again this year to a $4.4 billion annual run rate.”
Cloud, however, is not the only success story.
OEM revenue grew by 3%, and 1 million new Office 365 Home and Personal subscribers were added in the most recent quarter. Their total now comes in at 5.6 million.
Nokia added $1.99 billion in revenue on sales of 5.8 million Lumia smartphones.
The situation on the Surface side of the business is still not as healthy as it could be. Microsoft brought in $409 million thanks to sales of Surface 2 and the Surface Pro 2. Next quarter should be interesting, with Surface Pro 3 numbers in the mix.
On the flipside, Windows volume licensing also grew by a solid 11%, most likely due to the boost in sales that the retirement of Windows XP has afforded.
NOTE - If you would like to find out more about the next version of Microsoft Windows - Windows 9, here are some links you should probably check out.
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