Friday, July 25, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Sony Settles 2011 PSN Hacking Case
Sony Xperia Z3 Specs Leaked
Swatch Denies Working with Apple on iWatch
Vuzix And Lenovo Launch M100 Smart Glasses Product
Google Implemented "Right To Be Forgotten" Ruling Inadequately, EC says
Researchers Create Ultra-dense Memory Using Conventional Methods
Facebook Profit Doubles
Qualcomm's Profit Hurt by Dispute Over China Royalties
Active Discussions
help questions structure DVDR
Made video, won't play back easily
Questions durability monitor LCD
Questions fungus CD/DVD Media, Some expert engineer in optical media can help me?
CD, DVD and Blu-ray burning for Android in development
IBM supercharges Power servers with graphics chips
Werner Vogels: four cloud computing trends for 2014
Video editing software.
 Home > News > General Computing > Microso...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, October 18, 2012
Microsoft's Profit Falls


Microsoft's fiscal first-quarter profit fell by 22 percent, hurt by the slow PC sales and the company's investments on upcoming releases of Windows 8 and Office products.

Microsoft announced quarterly revenue of $16.01 billion for the quarter ended Sept. 30, 2012. Operating income, net income, and diluted earnings per share for the quarter were $5.31 billion, $4.47 billion, and $0.53 per share.

These financial results reflect the deferral of $1.36 billion of revenue and $0.13 of diluted earnings per share, due to the Windows Upgrade Offer, pre-sales of Windows 8 to OEMs prior to general availability, and the Office Offer.

"The launch of Windows 8 is the beginning of a new era at Microsoft," said Steve Ballmer, chief executive officer at Microsoft. "Investments we've made over a number of years are now coming together to create a future of exceptional devices and services, with tremendous opportunity for our customers, developers, and partners."

Microsoft's Server & Tools business reported $4.55 billion in first-quarter revenue, an 8% increase from the prior year period, driven by double-digit revenue growth in SQL Server and more than 20% growth in System Center revenue. Microsoft launched Windows Server 2012 in September.

The Microsoft Business Division posted $5.50 billion in first-quarter revenue, a 2% decrease from the prior year period. Adjusting for the impact of the Office Offer, Microsoft Business Division non-GAAP revenue increased 1% for the first quarter. Microsoft's productivity server offerings - including Lync, SharePoint, and Exchange ? continued double-digit revenue growth.

"While enterprise revenue continued to grow and we managed our expenses, the slowdown in PC demand ahead of the Windows 8 launch resulted in a decline in operating income," said Peter Klein, chief financial officer at Microsoft. "Multi-year licensing revenue grew double-digits across Windows, Server & Tools, and Microsoft Business Division products as businesses commit to our technology roadmap."

The Windows & Windows Live Division posted revenue of $3.24 billion, a 33% decrease from the prior year period. Adjusting for the impact of the Windows Upgrade Offer and pre-sales of Windows 8 to OEMs prior to general availability, Windows division non-GAAP revenue declined 9% for the first quarter. Windows 8 will become generally available October 26, 2012.

"We're incredibly excited to be approaching general availability of Windows 8 and Windows RT," said Kevin Turner, Microsoft chief operating officer. "We've already certified more than 1,000 systems for Windows 8 from our hardware partners, ranging from the smallest tablets and convertibles to touch-enabled ultrabooks and all-in-ones to the most powerful desktop computers."

The Online Services Division reported revenue of $697 million, a 9% increase from the prior year period. Online advertising revenue grew 15% driven primarily by an increase in revenue per search.

The Entertainment and Devices Division posted revenue of $1.95 billion, a decrease of 1% from the prior year period. Xbox continues to be the top-selling console in the U.S., where it now has 49% market share. Windows Phone 8 will launch this fall with an expanded array of products, prices, carriers, and markets. Skype continued its rapid growth and now has over 280 million users.


Previous
Next
AMD Reports Losses, Announces Restructuring Plan        All News        Google And Samsung Release ARM-based Budget Chromebook
AMD Reports Losses, Announces Restructuring Plan     General Computing News      AOL Releases Alto Cloud-based Email App For Gmail, Yahoo Mail, AOL Mail And .Mac

Get RSS feed Easy Print E-Mail this Message

Related News
Microsoft's Profit Hurt By Nokia Acquisition, Plans Unified OS
Microsoft Is Shutting Down Xbox Entertainment Studios
Microsoft To Eliminate 18,000 Jobs
Microsoft To Take EU 'Right to be forgotten' Requests
Microsoft To Announce Job Cuts
Microsoft To Take On Chromebooks with $200 Windows Notebooks
Microsoft's Nadella To Announce Company Sharkeup
Microsoft Patches IE In Latest Security Updates
Microsoft's Smartwatch Rumored For October Launch
Microsoft May Use The Lumia Brand Instead Of Surface: rumor
Microsoft Suspends Security Notification Service
Microsoft Unveils Azure Machine Learning Service

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .