Microsoft Reports 2014 Fourth Quarter Results


Microsoft reported revenues of $23.38 billion for the quarter ended June 30, 2014. Gross margin, operating income, and diluted earnings per share for the quarter were $15.79 billion, $6.48 billion, and 55 cents per share, respectively.

Satya Nadella (Chief executive officer, Microsoft): I’m proud that our aggressive move to the cloud is paying off – our commercial cloud revenue doubled again this year to a $4.4 billion annual run rate.

Devices and Consumer revenue grew 42% to $10.00 billion.  Lets take a look at the business divisions:

  • Windows OEM revenue grew 3%, driven by 11% growth in Windows OEM Pro revenue.
  • Office 365 Home and Personal subscribers totaled more than 5.6 million, adding more than 1 million subscribers again this quarter.
  • The acquired Phone Hardware business contributed $1.99 billion to current year revenue.
  • Bing search advertising revenue grew 40%, and U.S. search share grew to 19.2%.
  • Commercial revenue grew 11% to $13.48 billion, with the following business highlights:
  • Commercial cloud revenue grew 147% with an annualized run rate that exceeds $4.4 billion.
  • Windows volume licensing revenue grew 11%.
  • Server products revenue, including Azure, grew 16%, with double-digit growth for SQL Server and System Center.

For Microsoft’s fiscal year 2014, the company’s revenue, gross margin, operating income, and diluted EPS were $86.83 billion, $59.90 billion, $27.76 billion, and $2.63 per share, respectively.

[Image courtesy: Microsoft]

Also see:


The About page for TechTaffy

1984 Ventures

VC firm focusing in seed and early stage startups....

TransUnion to acquire Neustar for $3.1B

TransUnion has signed a definitive agreement to acquire Neustar from a private investment group led by Golden Gate Capital and with minority participation by GIC.

Huvr raises $5M

Huvr, a cloud-based industrial asset management solution company, has raised $5 million.

American Express acquires fintech company Kabbage

American Express has entered into an agreement to acquire Kabbage, a financial technology company that provides cash flow management solutions to small businesses.