Microsoft earns $5.2 billion in Q1, Surface sales now $400 million
Posted by: Timothy Tibbetts on 10/24/2013 12:14 PM
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Microsoft capped one of the more tumultuous quarters in its corporate history handily beating earnings and sales estimates for its 2014 fiscal first quarter.
CNet reports that Microsoft will be holding a conference call with analysts shortly where it will break out its report in more detail. But it did note the following in its news release:
Devices and consumer revenue: up 4 percent to $7.46 billion.
Commercial revenue: Up 0 percent to $11.20 billion.
Search revenue: Up 47 percent.
Revenue from its Surface computers grew to $400 million in the quarter.
We are not surprised. Tablet’s now work like the PC did 10 years ago. You want a new one every year. Now, like the PC, the purpose of upgrading, you know - to play arcade games and look at pictures, is no longer worth the investment of $500 plus a year. Don’t forget this story either:
Microsoft’s Secret Plan for Surface Domination.
CNet reports that Microsoft will be holding a conference call with analysts shortly where it will break out its report in more detail. But it did note the following in its news release:
We are not surprised. Tablet’s now work like the PC did 10 years ago. You want a new one every year. Now, like the PC, the purpose of upgrading, you know - to play arcade games and look at pictures, is no longer worth the investment of $500 plus a year. Don’t forget this story either:
Microsoft’s Secret Plan for Surface Domination.
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