Microsoft Posts Record Revenue of $21.5 Billion in December Quarter
It looks like Microsoft had a decent end to 2012.
Microsoft reported earnings-per-share of $0.76 on revenue of $21.46 billion in the December quarter, beating EPS estimates by a penny but coming in just shy of Wall Street's consensus estimate for revenue of $21.6 billion. Nonetheless, Microsoft's revenue for the quarter set a new high.
The Windows division of the company had a particularly strong quarter, generating $5.88 billion in revenue, a 24% increase from the same period a year before. Even when you factor in deferred revenue from Windows upgrade offers, Windows revenue was still up 11% year-over-year.
"Our big, bold ambition to reimagine Windows as well as launch Surface and Windows Phone 8 has sparked growing enthusiasm with our customers and unprecedented opportunity and creativity with our partners and developers," Microsoft's CEO Steve Ballmer said in a statement. "With new Windows devices, including Surface Pro, and the new Office on the horizon, we’ll continue to drive excitement for the Windows ecosystem and deliver our software through devices and services people love and businesses need."
Microsoft did not break out sales figures for its new Windows 8 products, other than to restate that it has sold more than 60 million Windows 8 licenses to date.
Microsoft's stock was up down by about 1% in after hours trading following the earnings report.
Image courtesy of Microsoft
Microsoft reported earnings-per-share of $0.76 on revenue of $21.46 billion in the December quarter, beating EPS estimates by a penny but coming in just shy of Wall Street's consensus estimate for revenue of $21.6 billion. Nonetheless, Microsoft's revenue for the quarter set a new high.
The Windows division of the company had a particularly strong quarter, generating $5.88 billion in revenue, a 24% increase from the same period a year before. Even when you factor in deferred revenue from Windows upgrade offers, Windows revenue was still up 11% year-over-year.
"Our big, bold ambition to reimagine Windows as well as launch Surface and Windows Phone 8 has sparked growing enthusiasm with our customers and unprecedented opportunity and creativity with our partners and developers," Microsoft's CEO Steve Ballmer said in a statement. "With new Windows devices, including Surface Pro, and the new Office on the horizon, we’ll continue to drive excitement for the Windows ecosystem and deliver our software through devices and services people love and businesses need."
Microsoft did not break out sales figures for its new Windows 8 products, other than to restate that it has sold more than 60 million Windows 8 licenses to date.
Microsoft's stock was up down by about 1% in after hours trading following the earnings report.
Image courtesy of Microsoft
Report by :
Seth Fiegerman
0 comments:
Post a Comment