Microsoft today reported its quarterly revenue of $20.49 for the first quarter 2013. The company further reported the operating income, net income and diluted earnings per share for the quarter were $7.61 billion, $6.06 billion, and $0.72 per share.
“The bold bets we made on cloud services are paying off as people increasingly choose Microsoft services including Office 365, Windows Azure, Xbox LIVE, and Skype,” said Steve Ballmer, chief executive officer at Microsoft. “While there is still work to do, we are optimistic that the bets we’ve made on Windows devices position us well for the long-term.”
Business Units Overview:
- The Microsoft Business Division posted $6.32 billion of revenue, an 8% increase from the prior year period.
- The Server & Tools business reported $5.04 billion of revenue, an 11% increase from the prior year period.
- The Windows Division posted revenue of $5.70 billion, a 23% increase from the prior year period.
- The Online Services Division reported revenue of $832 million, an 18% increase from the prior year period. Online advertising revenue grew 22% driven by an increase in revenue per search.
- The Entertainment and Devices Division posted revenue of $2.53 billion, an increase of 56% from the prior year period.