Microsoft earns $6.56 billion for its fiscal second quarter; revenue from Surface doubles
The Devices and Consumer group, which includes the Surface tablets, saw its revenue increase 13% to 11.91 billion. Overall, Microsoft reported a record $24.52 billion in revenue. Profits amounted to $6.56 billion, or 78 cents a share. Wall Street was expecting Microsoft to report earnings of 68 cents a share.
The company is still seeking a new CEO to replace the retiring Steve Ballmer. The search, now into its fifth month, will try to find a leader for Microsoft that can help the company try and close the gap between iOS, Android and Windows Phone.
source: CNBC, Pocketlint
1. papss (unregistered)
Sure looks like m$ is hurting financially
2. Bernoulli (Posts: 1433; Member since: 01 Sep 2012)
so they could have paid a little more for Nokia D&S, also looks like the Nokia purchase was pocket change, greedy bastards.
3. Edmund (Posts: 654; Member since: 13 Jul 2012)
The way Nokia are going it looks as if they paid too much. 8.2 million Lumias sold in the last quarter is absolutely pathetic (and I'm a Nokia fanboy).
7. Bernoulli (Posts: 1433; Member since: 01 Sep 2012)
the numbers aren't really clear, I went to nokia's global page where they have their reports and I couldn't find the number of lumias, but still I mean it's a legend, the name alone Nokia makes other tremble, oh well history now, hope they adopt jolla sailfish.
12. SandraB (banned) (Posts: 75; Member since: 07 Aug 2013)
Nokia Microsoft will now avoid paying licenses for Android. Then microsoft take out licenses for this Linux variant.
Really wonder if China and India, with nice big manufacturers like Huawee and Micromax will allow the deal between Microsoft and Nokia.
Will India and China regerinar really allow the store when the risk to knock out their entire phone industry?
It's not fair if microsoft nokia avoid paying licenses.
16. papss (unregistered)
China should work on its underage laws and leave this to m$
14. Finalflash (Posts: 1455; Member since: 23 Jul 2013)
Not really a good report to say the least. The almost 1 billion in revenue means about 1-2 million surfaces sold in the whole quarter if it was only surface 2 tablets selling. Apple sells that in 3 days on launch I think. Also a good majority of that was probably surface 1 tablets on clearance. The devices division made a nice profit largely on the patent royalties it collects from Android devices as they did during the 900 million surface write down days. No write down this time though but revenues were less than that plus ads so still largely negative. Once again it's MS riding the coat tails of others' success.
18. Dastrix (Posts: 570; Member since: 23 Nov 2012)
Haha, where are those Google fanboys complaining abouot M$ going bankrupt? Serves them right.
4. Tazer2365 (Posts: 44; Member since: 28 Jul 2012)
The reason the surface's revenue doubled was because the original surface was so cheap, many people headed towards buying those than the new ones. 3 of my friends got one for X-Mas.
5. PBXtech (Posts: 966; Member since: 21 Oct 2013)
Cool, use that money for developing an outstanding Windows 9.
8. papss (unregistered)
Agreed. I think they will do what needs to be done in order to keep their bread and butter safe. Obviously you either love or hate W8 so its safe to say they need to work on bridging the two groups of folks. It seems that its the cool thing to do to hate m$ but they but they are one of the pioneers of tech and should be respected as such.
9. PBXtech (Posts: 966; Member since: 21 Oct 2013)
W8 has gotta be the single most polarizing thing MS has ever done. For over 20 years people might have complained about certain aspects of Windows, but never have I seen such a split acceptance of it like previous versions. Completely agree, you either love it or hate it, haven't seen any "meh" comments about it.
Really looking forward to W9, with either an older feel to it or a new approach that'll make old time users happy. It'll probably be the biggest proirity of the new CEO, whoever that is going to be.
10. Napalm_3nema (Posts: 822; Member since: 14 Jun 2013)
Not bad, but not great. ~$1.2 billion less than Samsung, who saw a decline in profits during the holiday quarter.
17. papss (unregistered)
While it wasn't great I believe "suck" is completely wrong and reeks of fanboyism