Microsoft has reported total revenue of $19.90 billion for the quarter ended June 30, 2013, up 10% from $18.06 billion revenues in the same quarter last year. The company reported an operating income of $6.07 billion for the quarter, compared to $192 million operating income in Q4-FY12. Note that in Q4 2012, the company had written off non-cash, non-tax-deductible income statement charge of $6.2 billion for the impairment of goodwill related to the acquisition of aQuantive, a digital advertising company, in 2007, and the deferral of $540 million of revenue related to the Windows Upgrade Offer. It reported a net income of $4.96 billion for the quarter. Microsoft noted that these revenues include a $900 million charge, or a $0.07 per share impact, related to Surface RT inventory adjustments. It also notes that the financial results reflect the recognition of $782 million of previously deferred revenue related to the Office Upgrade Offer. For the year ending in June 30, 2013, Microsoft reported revenue of $77.85 billion, up from $73.72 billion it had reported in FY12. Operating income for FY13 was at $26.76 billion, up from $21.76 billion it had reported in FY12, while net income for FY13 was at $21.86 billion, up from $16.97 it had reported in FY12. Highlights In June, Microsoft released the public preview of Windows 8.1 which will be made available to OEMs in August. The company unveiled its next-generation gaming and entertainment console, Xbox One. It also announced a new Xbox 360 with new designs. It also announced that the company had sold 76 million…
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