{"id":8596,"date":"2014-07-23T09:13:35","date_gmt":"2014-07-23T08:13:35","guid":{"rendered":"http:\/\/www.itwriting.com\/blog\/?p=8596"},"modified":"2014-07-23T09:13:35","modified_gmt":"2014-07-23T08:13:35","slug":"microsoft-financials-show-cloud-growth-nokia-loss","status":"publish","type":"post","link":"https:\/\/www.itwriting.com\/blog\/8596-microsoft-financials-show-cloud-growth-nokia-loss.html","title":{"rendered":"Microsoft Financials show cloud growth, Nokia loss"},"content":{"rendered":"

Microsoft has announced its financial results for the quarter ending June 30th 2013. How is it doing?<\/p>\n

Quarterly revenue is up to $23.38 billion from $20.49 billion year on year, though $1.98 billion of that is phone hardware \u2013 Nokia, in other words. Operating income is up to $6.48 billion from $6.07. Net income is down to $4.61 billion from $4.96 billion because of tax adjustments.<\/p>\n

I am more interested in the segment breakdown, though Microsoft\u2019s segments are not particularly clear:<\/p>\n

Quarter ending June 30th 2014 vs quarter ending June 30th 2013, $millions<\/em><\/p>\n\n\n\n\n\n\n\n\n\n
Segment<\/td>\nRevenue<\/td>\nChange<\/td>\nGross margin<\/td>\nChange<\/td>\n<\/tr>\n
Devices and Consumer Licensing<\/td>\n4694<\/td>\n+406<\/font><\/span><\/span><\/td>\n4407<\/td>\n+526<\/font><\/span><\/span><\/td>\n<\/tr>\n
Computing and Gaming Hardware<\/td>\n1441<\/td>\n+274<\/td>\n18<\/td>\n+665<\/font><\/td>\n<\/tr>\n
Phone Hardware<\/td>\n1985<\/td>\nN\/A<\/td>\n54<\/td>\nN\/A<\/td>\n<\/tr>\n
Devices and Consumer Other<\/td>\n1880<\/td>\n+317<\/font><\/td>\n446<\/font><\/span><\/td>\n+78<\/font><\/span><\/td>\n<\/tr>\n
Commercial Licensing<\/td>\n11222<\/td>\n+595<\/font><\/span><\/td>\n10296<\/td>\n+345<\/font><\/span><\/td>\n<\/tr>\n
Commercial Other<\/td>\n2262<\/td>\n+688<\/font><\/span><\/span><\/td>\n691<\/font><\/span><\/span><\/td>\n+355<\/font><\/span><\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Revenue is actually up year on year in all segments. Windows has benefited from the end of XP support driving upgrades. Products Microsoft wants to talk about are Azure, SQL Server and System Center which are all growing revenue. \u201cCommercial cloud revenue\u201d or in other words Office 365, CRM online and Azure, grew 147% and is now a $4.4 billion business at current rate of sale.<\/p>\n

The bad news is that Nokia contributed a $692 million loss (diminishment of operating income). Microsoft says it sold 5.8 million Lumia (Windows) phones and 30.3 million non-Lumia phones, with the majority of Lumia sales being low-cost devices.<\/p>\n

Bing search grew revenue by 40% and US search share is up to 19.2% according to Microsoft.<\/p>\n","protected":false},"excerpt":{"rendered":"

Microsoft has announced its financial results for the quarter ending June 30th 2013. How is it doing? Quarterly revenue is up to $23.38 billion from $20.49 billion year on year, though $1.98 billion of that is phone hardware \u2013 Nokia, in other words. Operating income is up to $6.48 billion from $6.07. Net income is … Continue reading Microsoft Financials show cloud growth, Nokia loss<\/span> →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19,55,56],"tags":[586,599,642],"class_list":["post-8596","post","type-post","status-publish","format-standard","hentry","category-cloud-computing","category-microsoft","category-mobile","tag-microsoft","tag-mobile","tag-nokia"],"_links":{"self":[{"href":"https:\/\/www.itwriting.com\/blog\/wp-json\/wp\/v2\/posts\/8596","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.itwriting.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.itwriting.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.itwriting.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.itwriting.com\/blog\/wp-json\/wp\/v2\/comments?post=8596"}],"version-history":[{"count":0,"href":"https:\/\/www.itwriting.com\/blog\/wp-json\/wp\/v2\/posts\/8596\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.itwriting.com\/blog\/wp-json\/wp\/v2\/media?parent=8596"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.itwriting.com\/blog\/wp-json\/wp\/v2\/categories?post=8596"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.itwriting.com\/blog\/wp-json\/wp\/v2\/tags?post=8596"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}