Microsoft has reported total revenue of $20.49 billion for the quarter ending March 31, 2013, up 18% from $17.41 billion revenues in the same quarter last year. The company reported an operating income of $7.61 billion for the quarter, up 19% from $6.37 billion operating income in Q3-FY12 and a net income of $6.06 billion for the quarter, up 18.6% from $5.11 billion in Q3-FY12. Microsoft noted that these revenues include the net recognition of revenue deferral for its Windows Upgrade Offer, Office Upgrade Offer and Pre-sales, and the Entertainment and Devices Division Video Game Deferral, partially offset by the recognizing previously deferred revenue for Windows 8 pre-sales. Highlights - Microsoft released a major update to Office 365 for business users and announced three new versions of Office 365 called Office 365 Midsize Business for medium-sized businesses, Office 365 Small Business Premium for small businesses and Office 365 ProPlus which offers full versions of regular Office apps like Word, Excel, PowerPoint, OneNote and Outlook among others as a service for businesses. The company informed that the new Office 365 service will be available in 69 markets and 17 languages and will be further extended to an additional 20 markets and 16 languages in Q2 2013. - Microsoft launched Windows 8 powered Surface Pro in United States and Canada and expanded the availability of Windows RT-based Surface RT to 13 news markets worldwide, including Austria, Belgium, Denmark, Finland, Ireland, Italy, Luxembourg, the Netherlands, Norway, Portugal, Spain, Sweden and Switzerland. It also debuted a 64GB version of Surface RT priced at $599. - Microsoft officially launched its e-mail…
