Microsoft’s quarterly reported ending on March 31, 2014 has just been released. The Redmond-based company reports revenue up by 8% to $20.40 billion for FY14 Q3 and $7 billion in profits. Revenue for the Devices & Consumer divison grew 12% to $8.3 billion, while Commercial revenue was up 7% to 12.23 billion. Full breakdown and stats below. Spoiler alert: The Surface business is doing pretty well.
Both the consumer and enterprise business of Microsoft were up this past quarter. Devices and Consumer is up 12% to $8.3 billion.
- Windows OEM revenue up 4%, while Windows OEM Pro revenue up 19%
- Office 365 now accounts for 4.4 million subscribers, adding close to 1 million during the quarter
- 1.2 million Xbox One consoles sold and 0.7 million Xbox 360 consoles sold
- Surface revenue up 50% and is close to $500 million
- Bing search share in the U.S. is up 18.6% with advertising revenue up 38%
- Azure revenue is up over 150%
- Windows volume licensing grew by 11%
- Office 365 revenue is up by over 100%
Here’s Microsoft CEO Satya Nadella on the past quarters performance:
“This quarter’s results demonstrate the strength of our business, as well as the opportunities we see in a mobile-first, cloud-first world. We are making good progress in our consumer services like Bing and Office 365 Home, and our commercial customers continue to embrace our cloud solutions. Both position us well for long-term growth. We are focused on executing rapidly and delivering bold, innovative products that people love to use.”
Get the full numbers at the source link down below. Microsoft has an earnings call scheduled for 2:30 p.m. PDT. We’ll be listening in to see if we can learn anything else new. We're happy to see the Surface doing well. In the previous quarter they 'doubled revenue', but now we have some firmer numbers.