Microsoft Q1 2013 Results: Revenues Were $16.01 Billion, EPS Was $0.53

Posted on Oct 18 2012 - 8:04pm by Karan Chopra

Microsoft today announced its first quarter fiscal year 2013 results. The company reported quarterly revenue of $16.01 billion for the quarter ended Sept. 30, 2012. Operating income, net income, and diluted earnings per share for the quarter were $5.31 billion, $4.47 billion, and $0.53 per share.

“The launch of Windows 8 is the beginning of a new era at Microsoft,” said Steve Ballmer, chief executive officer at Microsoft. “Investments we’ve made over a number of years are now coming together to create a future of exceptional devices and services, with tremendous opportunity for our customers, developers, and partners.”

The Server & Tools business reported $4.55 billion in first-quarter revenue, an 8% increase from the prior year period. The Microsoft Business Division posted $5.50 billion in first-quarter revenue, a 2% decrease from the prior year period. The Windows & Windows Live Division posted revenue of $3.24 billion, a 33% decrease from the prior year period.

The Online Services Division reported revenue of $697 million, a 9% increase from the prior year period. Online advertising revenue grew 15% driven primarily by an increase in revenue per search. The Entertainment and Devices Division posted revenue of $1.95 billion, a decrease of 1% from the prior year period. Xbox continues to be the top-selling console in the U.S., where it now has 49% market share.

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Karan is an internet enthusiast, who loves to explore every second thing in both technology and business.