Microsoft reports Q2 2013 earnings: posts record revenue of $21.5 billion, $6.38 billion profit

Published by

Microsoft is reporting that during the second quarter of its 2013 financial year it set a revenue record by raking in $21.5 billion From Engadget:
Of that $6.38 billion was pure profit, lining shareholder's pockets to the tune of $0.76 per share. While EPS was down year-over-year, net income was up dramatically from $5.87 billion a year ago and $5.31 billion last quarter. The Windows division accounted for roughly $5.9 billion of Redmond's revenues, up 24 percent from a year ago, largely thanks to the release of Windows 8. Interestingly, while Windows was surging, its business division was suffering a not inconsequential drop off -- seeing revenues fall 10 percent to $5.7 billion year-over-year. But the Server & Tools department also helped offset some of those declines, with revenue jumping up 9 percent to $5.19 billion. In a sign that it might be time for a bit of a console refresh, the Entertainment and Devices division saw revenues continue to sink, despite the strong holiday sales. While the $3.77 billion in revenue was a stark increase over Q1's paltry $1.95 billion, it's still a 7 percent fall from the same time period last year.

 Microsoft reports Q2 2013 earnings: posts record revenue of $21.5 billion, $6.38 billion profit