Microsoft Reports Revenue of $21.5 Billion, 15 Percent Increase In Online Advertising Driven By Search

Microsoft logoMicrosoft Corp announced quarterly revenues this afternoon. Investors received the news with a mixed reaction (the stock is down in after hours trading). The company posted growth in most areas but offered little visibility on the success of Surface or Windows Phones.

Microsoft said it made $6.38 billion in net income on revenue of $21.46 billion. Like Apple this week, revenues missed expectations. However earnings per share beat analysts’ consensus estimates.

MSFT Results FQ2 2013

As reflected immediately above, the following are the divisional revenue results:

  • Windows Division: $5.88 billion (24 percent increase vs. last year)
  • Server & Tools: $5.18 billion (9 percent increase)
  • Online Services (including Bing/Advertising): $869 million (11 percent increase and a smaller loss vs. last year)
  • Business Division: $5.69 billion (10 percent decrease)
  • Entertainment and Devices: $3.77 billion decrease (down 11 percent)

Microsoft said that online advertising revenue grew 15 percent, “driven by an increase in revenue per search.”

Screen Shot 2013-01-24 at 1.36.21 PM

Microsoft said it had nearly $70 billion in cash and cash equivalents. Earlier this week, Apple reported roughly $137 billion in cash on hand.

Related Topics: Apple | Channel: Mobile Marketing | Microsoft: Business Issues | Microsoft: Windows | Top News

Sponsored


About The Author: is a Contributing Editor at Search Engine Land. He writes a personal blog Screenwerk, about SoLoMo issues and connecting the dots between online and offline. He also posts at Internet2Go, which is focused on the mobile Internet. Follow him @gsterling.

Connect with the author via: Email | Twitter | Google+ | LinkedIn



Marketing Day:

Get the top marketing stories daily!  

Share

Other ways to share:
 

Read before commenting! We welcome constructive comments and allow any that meet our common sense criteria. This means being respectful and polite to others. It means providing helpful information that contributes to a story or discussion. It means leaving links only that substantially add further to a discussion. Comments using foul language, being disrespectful to others or otherwise violating what we believe are common sense standards of discussion will be deleted. You can read more about our comments policy here.

Comments are closed.

Get Our News, Everywhere!

Daily Email:

Follow Marketing Land on Twitter @marketingland Like Marketing Land on Facebook Follow Marketing Land on Google+ Subscribe to Our Feed! Join our LinkedIn Group Check out our Tumblr! See us on Pinterest

 
 

Click to watch SMX conference video

Join us at one of our SMX or MarTech events:

United States

Europe

Australia & China

Learn more about: SMX | MarTech


Free Daily Marketing News!

Marketing Day is a once-per-day newsletter update - sign up below and get the news delivered to you!