Software giant Microsoft recently released its financial report for its fiscal Q4 2013 (FY13 Q4) ended June 30, 2013. The financial results cover both quarterly and yearly results.
Microsoft saw quarterly revenue of $19.09 billion of fiscal Q4 2013 as well as $77.85 billion of revenue for fiscal year 2013. Quarterly revenue of $19.09 billion fell approximately 7% from fiscal Q3 2013 revenue of $20.49 billion. Further, yearly revenue increased 6% versus fiscal year 2012.
Additionally, Microsoft had quarterly operating income and net income of $6.07 billion and $4.97 billion respectively.
As far as annual financial results, Microsoft’s operating income and Earnings Per Share both increased to the tune of 23% and 29% respectively versus the previous fiscal year.
The reduced performance in fiscal Q4 2013 is partially attributed to a $900 million charge for Surface RT “inventory adjustments,” and a $733 million European Commission fine which reduced operating income. On the positive side, Microsoft was able to count $782 million worth of defrred revenue from its Office Upgrade Offer.
According to the Microsoft press release:
“Our diverse business continues to deliver solid financial results, even as we navigate the evolving device market,” said Peter Klein, chief financial officer at Microsoft. “Looking ahead, we will continue to invest in long-term growth opportunities to drive our devices and services strategy forward and deliver ongoing value to shareholders.”
Looking forward, Microsoft has announced that CFO Peter Klein will be leaving the company at the end of the current fiscal year after 11 years total at Microsoft and 4 years in the Chief Financial Officer role. Further, Microsoft expects operating expenses to grow by as much as 6% over fiscal year 2014.
More information can be found in the full financial report.
And MonkeyBoy Ballmer just
And MonkeyBoy Ballmer just keeps pinching off big ones, from TIFKAM to RT, Ballmer’s RT’s are sure smelling up the place! And 8.1 just adds to it!
I agree with the RT thing. It
I agree with the RT thing. It was a gamble that hit the streets at ipad prices without the eco system to back it up. It is like stepping out of a space ship on the moon with no space suit. You might live but it is better to understand the environment before jumping in.
The were trying to gain popularity for a platform that has huge potential. They should have leaped in with the surface pro with free office and it would have been a huge success.
Then off the cheaper RT alternative for people wanting a tablet with long battery life.
The second point, Windows 8 is far superior to windows 7 in every way except a few major annoyances. Powering the thing off and the start “button”. Our simple little minds can’t learn anything new. The best term for Windows 8 transitions from the start screen to desktop and back is “jaring”. I think Jessica Alba said that so I spelled it wrong out of respect for her. The price was right but the process was convoluted. But admit that the people upgrading to Win 8 are not your typical “Sports Fans”. They tend to have some measurable intelligence. The rest of the world gets a new OS with the new PC. This is force fed for the most part and like a baby eating mushy vegetables, it is good for you even though you don’t like how it tastes. I use to tell my girl friend that also. But unlike the baby I would never give her fair warning, neither did Microsoft.
In short RT = fail
Win 8 = tie
Win 8.1 = hail mary with 2 seconds left on the clock
Either way Microsoft takes home a paycheck win or loose.
That was for you sports fans.
And far into the future, the
And far into the future, the year 3000, or 3001, Philip J. Fry and the crew, will have an even bigger ginormous garbage ball from space to contend with, as the massive heft of the, larger than the Great Pyramid of Giza, pile of RT tablets is added to it, along with the ocean of windows 8 DVDs!
Yes, Just Smell-O-Scope these Metrics, Redmond!!!