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Microsoft's Q2 2013 financial results are in, posts $21.46 billion in revenue

Microsoft's Windows division revenue up by 24% year-over-year

| Business, Financial & Legal News | Posted: Jan 25, 2013 2:02 am

Microsoft has come out with their Q2 2013 financial results and they managed to pull in $21.46 billion in revenue for the quarter. This equates to a 2.7 percent increase year-over-year. Even with a slowing PC market, however, Microsoft's Windows division posted revenues of $5.88 billion, up 24 percent from last year.

 

TweakTown image news/2/8/28091_1_microsoft_s_q2_2013_financial_results_are_in_posts_21_46_billion_in_revenue.jpg

 

Microsoft reported earnings per share of $0.76 and a $6.38 billion net income.

 

"We saw strong growth in our enterprise business driven by multi-year commitments to the Microsoft platform, which positions us well for long-term growth," said Peter Klein, chief financial officer at Microsoft. "Multi-year licensing revenue grew double-digits across Windows, Server & Tools, and the Microsoft Business Division."

 

"We see strong momentum in our enterprise business. With the launch of SQL Server 2012 and Windows Server 2012, we continue to see healthy growth in our data platform and infrastructure businesses and win share from our competitors," said Kevin Turner, chief operating officer at Microsoft. "With the coming launch of the new Office, we will provide a cloud-enabled suite of products that will deliver unparalleled productivity and flexibility."

 

Microsoft's full report is available on their website, with lots of information that would be useful to investors.

NEWS SOURCE
Theverge.com

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