Microsoft maintains good figures in the first financial results after its restructuring
Table of contents:
Microsoft today presented its financial results for the first quarter of fiscal year 2014 These are the first results since the company's restructuring and one of the last ones with Steve Ballmer at the helm, and, once again, they show the regularity of the company and the stability of some of its businesses.
In the three months ending September 30, Microsoft achieved revenues of $18.529 billion This represents an increase of more than 2,500 million compared to the same period last year and translate into gross profits of 6.334 million dollars, 19% more than in the first fiscal quarter of 2013.
It should be remembered that at that time the company was facing deferred expenses of more than one billion related to the offer to upgrade to Windows 8. In these months the company has also had to face expenses prior to the Windows 8.1 update, but it's much less: $113 million.
The new divisions pull the cart
Microsoft releases results for the new divisions that now make up the company. And it does so with sustained growth in all of them compared to the figures for their equivalents last year, which allows the company to exceed the expectations that analysts had for its quarter.
The divisions grouped into Devices and Consumers ended the quarter with a growth of 4% to 7.460 million dollars They have done so despite a 7% drop in revenue from the areas in charge of Windows and Office. Microsoft's most characteristic division continues to suffer while new ones pull the bandwagon.
The hardware division has grown 37% thanks to Xbox and an increase in revenue from Surface. The division in charge of services such as Bing or Xbox Live has suffered a similar fate. Thanks to the first and the good form of the second, the third of the divisions oriented to the consumer market has increased its revenue by 17%.
Those that continue to show no signs of exhaustion are the business-oriented divisions of Microsoft. Now organized around the Commercial Licensing and Commercial Other divisions, Microsoft's Enterprise businesses have again experienced a quarter of growth with a increase in revenue of 10% year-to-date. eleven.$200 million
Key moment for Microsoft
These are good numbers for Redmond's. As Amy Hood, CFO of Microsoft, points out, the company has delivered its best ever first quarter in revenue despite undergoing a full transition of your business. It has also done so despite the difficulties faced by what has always been its most characteristic product: Windows.
Windows 8 has just received an update that may give a new impetus to the system and we will begin to see its results in the next quarter. It is not the only thing we will have to be attentive to. During the three months that have already started, Microsoft is going to put the second generation of its Surface tablets and its new Xbox One console on the market, it will probably close the acquisition of Nokia and we may even already know its next CEO.
If there was a critical moment in the history of Microsoft, this is the current one The coming months will define much of the future of the company Redmond. Future that, far from bad omens, has a good starting point with financial results like those presented today.
Via | Microsoft In Genbeta | Microsoft Financial Results: Revenue and Profits Up, Windows OEM Down 7%