View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
October 18, 2012

Microsoft Q1 revenue down 8%

Net income fell to $4.47bn and operating income declined to $5.3bn

By CBR Staff Writer

Microsoft has reported a revenue of $16.01bn for the fiscal first quarter of 2013 ended 30 September 2012, down 8%, compared to $17.3bn it reported during the same period in 2011.

The quarter results include the deferral of $1.36bn of revenue for Windows upgrade offer, Windows 8 Pre-sales, and Office offer.

For the fiscal first quarter, the company’s net income fell to $4.47bn, or $0.53 per diluted share, compared to $5.74bn, or $0.68 per diluted share, in the year ago period .

Operating income declined to $5.3bn for the quarter, compared to $7.2bn for the same period last year.

The company’s server & tools business revenue increased 8% to $4.55bn for the quarter while the business division’s revenue decreased 2% to $5.5bn.

The Windows & Windows Live division’s revenue declined 33% to $3.24bn for the quarter while the online services division reported revenue grew 9% to $697m.

Microsoft chief executive officer Steve Ballmer said that the launch of Windows 8 is the beginning of a new era.

Content from our partners
Unlocking growth through hybrid cloud: 5 key takeaways
How businesses can safeguard themselves on the cyber frontline
How hackers’ tactics are evolving in an increasingly complex landscape

"Investments we’ve made over a number of years are now coming together to create a future of exceptional devices and services, with tremendous opportunity for our customers, developers, and partners," Ballmer said.

Recently, Microsoft had agreed to acquire StorSimple, a hybrid local and hybrid cloud storage technology for Windows platforms, for an undisclosed amount.

Microsoft said it will launch its much anticipated tablet computer Surface, which is powered by Windows RT operating system, on 26 October 2012 as a competitor to its rival Apple’s iPad.

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
THANK YOU