Microsoft Posts Record Earnings Quarter, Surface Revenue Grows To $400M
Microsoft reported its fiscal Q1 2014 revenue, and things are actually looking pretty solid for Redmond. For the three-month period ending on September 30th, GAAP Revenue was up 16% to $18.53 billion from about $16 billion, and operating income was up from $5.31 billion to $6.33 billion. The numbers include $113 million of deferred revenue from Windows 8.1 pre-sales.
Revenue generated by Surface sales rose to $400 million, which bodes well for Microsoft’s homegrown tablet platform as the company debuts its new Surface 2 and Surface Pro 2 devices. It’s also interesting to note that although Windows Pro revenue continues to grow, Microsoft’s Windows OEM revenue dropped 7%. Overall, though, Microsoft’s Devices And Consumer revenue grew to $7.46 billion, an increase of 4%.
Outgoing CEO Steve Ballmer was optimistic in a statement where he said, ““Our new commercial services will help us continue to outgrow the enterprise market, and we are seeing lots of consumer excitement for Xbox One, Surface 2 and Surface Pro 2, and the full spectrum of Windows 8.1 and Windows Phone devices.”
Other financials include the fact that the company’s commercial revenue was up 10% to $11.2 billion, with especially huge (103%) gains on commercial cloud revenue. Search advertising revenue shot up 47% as well, which the company says was driven by a jump in revenue per search and volume.
Revenue generated by Surface sales rose to $400 million, which bodes well for Microsoft’s homegrown tablet platform as the company debuts its new Surface 2 and Surface Pro 2 devices. It’s also interesting to note that although Windows Pro revenue continues to grow, Microsoft’s Windows OEM revenue dropped 7%. Overall, though, Microsoft’s Devices And Consumer revenue grew to $7.46 billion, an increase of 4%.
Outgoing CEO Steve Ballmer was optimistic in a statement where he said, ““Our new commercial services will help us continue to outgrow the enterprise market, and we are seeing lots of consumer excitement for Xbox One, Surface 2 and Surface Pro 2, and the full spectrum of Windows 8.1 and Windows Phone devices.”
Other financials include the fact that the company’s commercial revenue was up 10% to $11.2 billion, with especially huge (103%) gains on commercial cloud revenue. Search advertising revenue shot up 47% as well, which the company says was driven by a jump in revenue per search and volume.
