Microsoft reported quarterly revenues of $19.90 billion for the quarter ended June 30, 2013. Operating income, net income, and diluted earnings per share for the quarter were $6.07 billion, $4.97 billion, and 59 cents per share.
The results include a $900 million charge, or a 7 cents per share impact, related to Surface RT inventory adjustments.
Steve Ballmer (Chief executive officer, Microsoft): We are working hard to deliver compelling new devices and high value experiences from Microsoft and our partners in the coming months, including new Windows 8.1 tablets and PCs.
For Microsoft’s fiscal year 2013, the company’s revenue, operating income, and diluted earnings per share were $77.85 billion, $26.76 billion, and $2.58 per share.
Microsoft Business Division revenue grew 14% for the fourth quarter and 3% for the full year. Server & Tools revenue grew 9% for the fourth quarter and 9% for the full year, driven by double-digit percentage revenue growth in SQL Server and System Center.
Windows Division revenue grew 6% for the fourth quarter and 5% for the full year. Online Services Division revenue grew 9% for the fourth quarter and 12% for the full year, driven by an increase in revenue per search and volume.
Bing organic U.S. search market share was 17.9% for the month of June 2013, up 230 basis points from the prior year period.
Entertainment and Devices Division grew 8% for the fourth quarter and 6% for the full year. During the quarter, transactional revenue within Xbox LIVE grew nearly 20%, and we unveiled our next-generation gaming and entertainment console, Xbox One.
Microsoft is revising operating expense guidance downward to $31.3 billion to $31.9 billion for the full fiscal year ending June 30, 2014.
[Image courtesy: Microsoft]
You may also be interested in: