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Microsoft Q3-FY14: 4.4M Office 365 Subscribers, 2M Xbox sold, $494M Surface revenue

In the first quarter with Satya Nadella at the helm, Microsoft has reported a decline in its net quarterly profit year-on-year (YoY) to $5.66 billion, down from $6.06 billion profit in the same quarter last year. The total revenues for the quarter also saw a minor decline to $20.4 billion from $20.49 billion in the same quarter last year, while the operating income declined to $6.97 billion for the quarter from $7.6 billion in the same quarter last year. Highlights - Microsoft sold 2 million Xbox consoles during the quarter, of which 1.2 million were Xbox One units and the remaining 0.8 million were Xbox 360 units. In the previous quarter, Microsoft had sold 7.4 million Xbox console units, of which 3.9 million were Xbox One units, although it was a holiday quarter. The company is expected to launch Xbox One…

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