Printed from http://www.electronista.com

Microsoft posts profit gain despite drop in Windows OEM revenue

updated 05:34 pm EDT, Thu October 24, 2013

Positive financials driven by enterprise sales

Microsoft has posted its fiscal first-quarter financials, reaching a record revenue of $18.53 billion with a net profit of $5.24 billion. The company credits enterprise sales and improving consumer demand with helping to drive growth, however the disclosures point to a seven-percent slide in Windows OEM revenue.

"Our new commercial services will help us continue to outgrow the enterprise market, and we are seeing lots of consumer excitement for Xbox One, Surface 2 and Surface Pro 2, and the full spectrum of Windows 8.1 and Windows Phone devices," said chief executive Steve Ballmer.

The company highlights $400 million in revenue from its Surface hardware, with a growth in unit shipments and revenue compared to the prior quarter. The report follows an SEC filing from the summer, which suggested the company had yet to make a profit from its Surface products by the end of July.

Enterprise divisions showed the biggest surge, with a doubling of commercial cloud revenue and double-digit gains for the company's SQL Server, Lync, SharePoint and Exchange products.

Microsoft is expected to announce its fiscal Q2 forecast during a financial conference call this evening.



By Electronista Staff
Post tools:

TAGS :

toggle

Comments

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

toggle

Most Popular

Sponsor

Recent Reviews

Razer Taipan mouse

The list of gaming devices is growing larger with each passing day. A large number of companies have entered the gaming input arena, a ...

Cambridge Audio DacMagic XS

Every computer with a microphone or headphone port has one -- a digital to analog converter (DAC). There are nearly as many chipsets a ...

D-Link Wi-Fi Smart Plug

Home automation fans have been getting their fair share of gadgets and accessories in the last few years. Starting with light bulbs, a ...

Sponsor

toggle

Most Commented

 
toggle

Popular News