Microsoft released its third quarter (Q3) earnings earlier today for fiscal year 2014 (FY14). This is the first quarter under new CEO Satya Nadella. The earnings report contained a number of interesting pieces of information including how the Surface business is doing. Microsoft has been relatively quiet about the Surface business since it had to do a $900 million write-off last year. Compared to last year Surface revenue is up 50% to $494 million. Microsoft also stated they are seeing an increasing mix of second generation (Surface 2) and Surface Pro 2 devices. It appears Microsoft’s investment into tablet hardware is starting to pay off and the Surface may be another multi-billion dollar business for Microsoft next year. Source: Microsoft ...

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Microsoft today announced revenue of $20.40 billion for the quarter ended March 31, 2014. Gross margin, operating income, net income, and diluted earnings per share for the quarter were $14.46 billion, $6.97 billion, $5.66 billion, and $0.68 per share, respectively.     Three Months Ended March 31, ($ in millions, except per share amounts) 2013 As Reported (GAAP) Net revenue recognition for Windows Upgrade Offer, Office Deferral, and Video Game Deferral European Commission Fine 2013 As Adjusted (Non-GAAP) 2014 As Reported (GAAP) %Y/Y (GAAP) %Y/Y (Non-GAAP) Revenue $20,489 ($1,658)       $18,831 $20,403 (0)% 8% Gross Margin $15,702 ($1,658) $14,044 $14,462 (8)% 3% Operating Income $7,612 ($1,658) $733 $6,687 $6,974 (8)% 4% Diluted EPS $0.72 ($0.16) $0.09 $0.65 $0.68 (6)% 5%   “This quarter’s results demonstrate the strength of our business, as well as the opportunities we see in a mobile-first, cloud-first world. We are making good progress in our consumer ...

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Microsoft Corp. today announced quarterly revenue of $21.46 billion for the quarter ended December 31, 2012. Operating income was $7.77 billion , net profit $6.38 billion , and earnings per share $0.76. The profit us down from $6.6 billion a year ago, but the Windows Division reported revenue of $5.88 billion, a 24 percent increase from a year ago due to pre-orders of Windows 8. Microsoft re-affirmed that they sold over 60 million Windows 8 licenses to date. “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,” said Steve Ballmer, chief executive officer at Microsoft. “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 ...

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