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Microsoft Reports $23 Billion In Revenue For Q4 2014
Microsoft posted its Q4 2014 revenue earnings report this afternoon, with $23.38 billion generated during the last quarter of its fiscal year.
Noting it had completed the acquisition of “substantially” all of the Nokia Devices and Services in April, Microsoft CEO Satya Nadella claimed the company is:
Galvanized around our core as a productivity and platform company for the mobile-first and cloud-first world, and we are driving growth with disciplined decisions, bold innovation, and focused execution.
Nadella went on to say Microsoft’s commercial cloud revenue doubled this year to a $4.4 billion annual rate, representing an increase of 147 percent. Microsoft’s commercial revenue overall was up eleven percent, reaching $13.48 billion, with Windows volume licensing revenue up eleven percent as well.
Other growth areas included “Devices and Consumer” revenue which was up 42 percent to $10 billion, including Windows OEM revenue with a 3 percent growth and Windows OEM Pro revenue with an eleven percent growth. Office 365 Home and Personal added more than one-million new subscribers to reach 5.6 million subscribers.
Bing search advertising revenue was up 40 percent, with the US search share reaching 19.2 percent.
Microsoft 2014 Q4 Earnings: