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Microsoft Delivers Strong Q2: Hits Record of $24.52 Billion Revenue

Microsoft Delivers Strong Q2: Hits Record of $24.52 Billion Revenue

Related: Microsoft Reports Record Quarterly Revenues of $24.52 Billion

Microsoft exceeded expectations and delivered impressive second-quarter results for 2013 by earning $6.56 billion in net income and record revenues of $24.52 billion. Further positioning itself as a Devices and Services company, Microsoft credited the revenue growth to its Surface offerings, which brought in $893 million, which doubled from the company's first-quarter numbers.

Here are a few key takeaways from the earnings call:

  • Commercial revenue continues to be a strong area for Microsoft, as second-quarter sales were $12.67 billion.
  • Windows revenues were down a mere 3 percent, suggesting that Microsoft is still very much an enterprise-oriented company, despite the company's strong effort to position itself as a Devices and Services company.
  • Although numbers were fairly vague, Microsoft stated that Office 365 commercial seats and Azure customers both grew in the "triple digits."

"Our Commercial segment continues to outpace the overall market, and our Devices and Consumer segment had a great holiday quarter,” said Steve Ballmer, CEO at Microsoft. "The investments we are making in devices and services that deliver high-value experiences to our customers, and the work we are doing with our partners, are driving strong results and positioning us well for long-term growth."

For more information on Microsoft's earnings see, "SQL Server Revenue Grew by Double-Digits in FY14 Q2" and "Short Takes: Microsoft Earnings Special Edition."

TAGS: Office 365
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