sincity Posted July 22, 2014 Share Posted July 22, 2014 Despite Microsoft appearing to be in the dumps laying off some 18,000 employees and shuttering Xbox Entertainment Studios the company has announced some profitable fourth quarter numbers. The Redmond company announced its revenues for the quarter ending on June 30, 2014 peaked at $23-billion (about £13-billion, AU$24-billion), up 18-percent compared to last year. Microsoft credited the extra profitability to its acquisition of Nokia, which is now effectively the company's first-party smartphone and tablet maker. Phone hardware reportedly contributed $1.99-billion (about £1.1-billion, AU$2-billion) to Microsoft's revenue this year. Microsoft Chief Financial Officer Amy Hood noted that Microsoft is going through evolutionary changes that are "painful" but "necessary." Although Hood did not directly address Microsoft's recent downscaling actions, these comments seem to allude to an explanation for them. Microsoft CEO Satya Nadella shared some much more pointed comments explaining it has decided to focus specifically on games for the Xbox One. However we could see Microsoft's music and video ambitions expanded to a wider audience on PCs and laptops. Whipping clouds The operating system maker also noted the strong quarter was driven by a push into cloud services. This includes everything from Windows 8.1's cloud syncing, and a reported 5.6-million Office 365 Home and Personal subscribers. Nadella also announced its doubling down on Xbox One's cloud-enhanced gaming services. The Microsoft head said that his company is doubling capacity on Azure servers as well as expanding to new territories including Brazil and Japan. Even Bing is pulling some numbers with U.S. search share growing to 19.2-percent whilst advertising revenue through the search engine increasing by 40-percent. Microsoft, the hardware company Of course Microsoft isn't just a software company. In the financial report the company also accounted Surface revenue reached $409 million aided by second-generation Surface 2 and Surface Pro 2 devices, along with the recent launch of Surface Pro 3. The Xbox One is also fairing ever so slightly better as well with revenue increasing to $104 million. Microsoft says it has sold 100,000 more consoles than the 1-million units it sold last year. Windows 9 could be what's next for Microsoft Quote Link to comment Share on other sites More sharing options...
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