wordpress blog stats
Connect with us

Hi, what are you looking for?

Microsoft Reports Q2-FY14 Profits of $6.56B

In what might be the last earnings report presented under Steve Ballmer, Microsoft announced a profit of $6.56 billion, up 2.8% from $6.28 billion in the same quarter last year, for the quarter ended December 31, 2013. It also recorded revenue of $24.52 billion, up from $21.46 billion from the same quarter last year. Highlights - Microsoft announced a successor to Xbox 360 gaming console, Xbox One and the company sold 7.4 million Xbox console units into the retail channel, including 3.9 million Xbox One consoles and 3.5 million Xbox 360 consoles in the quarter. - The company had launched Surface 2 tablet towards the end  of the last quarter, but the company has no disclosed the amount of units it sold during the period. However, Microsoft revealed that Surface revenue doubled sequentially, from $400 million in the first quarter to $893 million in the second. - Revenues from Xbox Live transactions increased by 25% - Microsoft currently has 3.5 million Office 365 Home Premium subscribers. - Bing US marketshare up 18.2% and search advertising revenue grew 34%. - SQL server business continued to gain market share with revenue growing double-digits. - System Center showed continued strength with double-digit revenue growth. - Commercial cloud services revenue more than doubled. - Office 365 commercial seats and Azure customers both grew triple-digits. Financials Revenue from Devices and Consumer Licensing business, which includes which includes OEM revenues dipped slightly to $5.38 billion from $5.70 billion in the previous quarter last year. However, Windows OEM Pro revenue grew 12%. The company…

Please subscribe/login to read the full story.
Written By

I'm passionate about technology and gaming. You can follow me <a>@chupchap</a>

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

India's smartphone operating system BharOS has received much buzz in the media lately, but does it really merit this attention?

News

After using the Mapples app as his default navigation app for a week, Sarvesh draws a comparison between Google Maps and Mapples

News

In the case of the ‘deemed consent' provision in the draft data protection law, brevity comes at the cost of clarity and user protection

News

The regulatory ambivalence around an instrument so essential to facilitate data exchange – the CM framework – is disconcerting for several reasons.

News

The provisions around grievance redressal in the Data Protection Bill "stands to be dangerously sparse and nugatory on various counts."

You May Also Like

News

Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

Advert

135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...

News

By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ