Microsoft capped one of the more tumultuous quarters in its corporate history handily beating earnings and sales estimates for its 2014 fiscal first quarter.

Microsoft posted net income of $5.24 billion for the three-month period ended September 30. Ditto on the revenue side, with the company's $18.5 billion in sales besting the $17.8 billion consensus estimate.

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.