In the quarterly earnings results published by Microsoft, it was revealed the Surface sales revenue was down from the previous quarter despite the launch of Surface Pro 3. The revenue was at $409 million down from $494 million last quarter. Gross margin growth was result of the Surface RT $900 million write down last year. Microsoft also confirmed it via quarterly financial results. In the Computing and Gaming Hardware related slide, Microsoft mentioned that current year cost of revenue included Surface inventory adjustments resulting from their transition of production to latest Surface offering and a decision to not ship a new form factor. Read more about it here. ...

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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 today announced a new feature for Bing.com where they will be posting the predictions of the events based on their ability to process trillions of signals to reflect what is happening in the real world. For instance, during the presidential elections, Bing experiences a surge of positive and negative queries about the presidential candidates from different parts of the U.S. Taking this model even further, teams within Bing have been experimenting with useful ways that we can harness the power of Bing to model outcomes of events. This could be anything from an election or sporting event to whether an actor will win the People’s Choice Award. Bing team is bringing these insights directly to our search results pages. Based on a variety of different signals including search queries and social input from Facebook and Twitter, they will be unveiling an experiment they have built to give you our prediction ...

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