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.

@tracehagan
Published Thu, Jan 24 2013 8:02 PM CST   |   Updated Tue, Nov 3 2020 12:25 PM CST

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.

Microsoft's Q2 2013 financial results are in, posts $21.46 billion in revenue | TweakTown.com

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

Trace is a starving college student studying Computer Science. He has a love of the English language and an addiction for new technology and speculation. When he's not writing, studying, or going to class, he can be found on the soccer pitch, both playing and coaching, or on the mountain snowboarding.

Newsletter Subscription

Related Tags

Newsletter Subscription
Latest News
View More News
Latest Reviews
View More Reviews
Latest Articles
View More Articles