Microsoft has just released the report earnings for the third quarter of its financial year. The company came out slightly ahead of Analyst estimates with 17.41 billion dollars in revenue (compared to predicted 17.16 billion dollars) and earnings of 60 cents per share (as compared to 58 cents).
Microsoft says that this is a record for the third-quarter revenues, the 6 percent compared to the same period last year. Operating income was $ $6,37 billion, 12 percent.
"We're driving towards exciting launches across the entire company, strong financial results," CEO Steve Ballmer said in the earnings press release. "With the upcoming release of the new Windows 8 PCs and tablets, the next version of Office and a wide range of products and services for businesses and consumers, we will be delivering exceptional value to all our customers in the year ahead."
Here's how to break down the numbers by Division:
The server & tools saw 4.57 billion in revenue, 14 percent from last year.
The Microsoft Business Division reported $ 5.81 billion, 9 percent.
Windows and Windows Live Division saw 4.62 billion dollar turnover, 4 percent. The company says business adoption of Windows 7 has now reached 40 per cent.
The Online Services Division reported revenues of 707 million dollars, the 6 percent, but posted a loss of $ 479 million — the release notes that this is a "performance improvement of loss about 300 million dollars."
The Division of entertainment devices, has seen 1.62 billion in revenue, a decrease of 16 per cent. However, Microsoft says that the Xbox 360 was the best-selling game console in the United States for 15 consecutive months and that there are now 40 million Xbox LIVE members.
