Thursday, January 24, 2013

Microsoft breaks records in latest Q1 2013 earnings report

Microsoft has revealed that during Q2 of its 2013 financial year it has broken revenue records with a taking of $21.5 billion. $6.38 billion of that grand total was actual profit, providing shareholder's with $0.76 per-share. While EPS was down year-over-year, net income is reported to be up from $5.87 billion a year ago. It's looking good for the company.

The Windows division was responsible for approximately $5.9 billion of Microsoft's revenue, up 24 percent from a year ago. This is mainly down to the release of Windows 8 late last year.

Entertainment and Devices also saw revenues continuing to fall with the quarter ending with $3.77 billion reported.

Online Services expanded, hitting $869 million in revenue

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