Microsoft today announced its fourth quarter 2013 earnings of $19.90 billion for the quarter, ended June 30, 2013. Operating income, net income, and diluted earnings per share for the quarter were $6.07 billion, $4.97 billion, and $0.59 per share. For the whole fiscal year, the company’s revenue, operating income, and diluted earnings per share were $77.85 billion, $26.76 billion, and $2.58 per share. The company also revealed a loss of $900 million due to Surface RT “inventory adjustments,”
“We are working hard to deliver compelling new devices and high value experiences from Microsoft and our partners in the coming months, including new Windows 8.1 tablets and PCs,” said Steve Ballmer, chief executive officer at Microsoft. “Our new products and the strategic realignment we announced last week position us well for long-term success, as we focus our energy and resources on creating a family of devices and services for individuals and businesses that empower people around the globe at home, at work and on the go, for the activities they value the most.”
Business Highlights:
- Microsoft Business Division revenue grew 14% for the fourth quarter and 3% for the full year.
- Server & Tools revenue grew 9% for the fourth quarter and 9% for the full year.
- Windows Division revenue grew 6% for the fourth quarter and 5% for the full year.
- Online Services Division revenue grew 9% for the fourth quarter and 12% for the full year.
- Entertainment and Devices Division grew 8% for the fourth quarter and 6% for the full year.
Photo Credit: Flickr/Robert Scoble
