A 4SquareMedia Website

SECTIONS
> Wearable Technology
> Appliances
> Automation
> Automotive
> Buyers Guide
> CEDIA 2010
> Comment
> CES
> Content & Downloads
> Digital Photography
> Gaming
> Green Energy
> HD
> Home Cinema
> Home Office
Accessories
Broadband & Web Hosting
Components
Desktop PCs
Industry
Memory
Microsoft Windows
Monitors And Screens
Notebooks & Tablets
Platforms
Printers & Multi-Function
Security & Support
Software
Storage
> How Stuff Works
> Installation
> Portable Players
> Media Centres
> Phones
> Real Sound
> Reviews
> Smart Awards 2013
> Smart Ideas
> Trio Awards 08
> TVs & Large Display
> Wireless & Networking
PRODUCT REVIEW
> Featured Reviews
SERVICES
> Advertising
> Competitions
> Contact
> Disclaimer
> Signup
> Terms & Conditions
SUBSCRIBE
> Subscribe to Newsletter
> Subscribe to Magazine



Top 10 Viewed Articles
  1. Who Has The Best LCD TV: Sony, Toshiba Or Samsung?
  2. FIRST LCD TV REVIEW: LG Scarlet 60 Vs Samsung Series 6
  3. Sony PS4 Not Far Away
  4. The Humble PC Gets A Whopping Makeover
  5. Sony Bravia LCD TVs Vs Samsung LED HD TVs Which is Best?
  6. Toshiba Working With Microsoft On New Entertainment Xbox
  7. Blu-ray Xbox 360 Planned By Microsoft
  8. Massive Failure Rate For Xbox 360 Exposed
  9. Free Sony PS3 Con
  10. How To Build Your Own Digital Media Server: Part I
Top 10 Viewed Reviews
  1. First Review: Samsung Series 7 LED TV
  2. Movies On-The-Go With Teac DVD Boombox
  3. Who Has The Best 32-inch Screen: Panasonic, Samsung, or Sony?
  4. Who Has The Best Home Theatre Kit? Denon vs Bose
  5. Every Bit Of Defence Counts
  6. New Denon Home Theatre Makes Bose Look Like Yesterdays Technology
  7. Best Media Player On The Market
  8. At $1,499 The Aldi Medion 17-inch Notebook Is A Steal
  9. Affordable Noise Cancelling Headphones That Work
  10. B&W 600 Speaker Delivers Real Sound





HOME OFFICE / SOFTWARE

"Bold Bets" Pay Off As Profits Soar: Microsoft

By Oonagh Reidy | Friday | 19/04/2013

"The bold bets" have paid off, says Microsoft boss as it posts higher profits, revenue



The software giant revenue rose 18% to $20.49 billion for the quarter ended March 31 - up $3bn from same time 2012.

The latest lift in profits, revenue was due to the giant deferring some of its revenue following the launch of the new Windows 8 OS, which analysts last week blamed for flagging PC sales, saying the touch and tile based OS has, to date, failed to win over the consumer.

Net profit was $6.06 billion up from $5.1bn, a year ago.

The revenue surge related to the upgrade offers from Windows 7 and Office, and pre-sales, Microsoft said. Windows Division soared 23%, posting revenue of $5.7 bn.


"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," declared Steve Ballmer, CEO 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."





Microsoft's Entertainment and Devices Division surged 56% (33% non-GAAP) which includes Xbox, Kinect also up, with Xbox membership swelling to 46m members worldwide - up almost 20%.

Online Services Division reported revenue of $832m - up 18%. Online ad revenue grew 22% driven by an increase in revenue per search on Bing engine.

However, the revenue gains were offset by the hefty fine handed down to Microsoft by European Commission of $733m.

Diluted earnings per share for the quarter $0.72 per share, compared to $0.60 a year ago.

Microsoft is revising operating expense guidance downward and estimates a range of $30.2 bn - $30.5 bn for the full year ending June 30, 2013.

One of Microsoft top execs CFO Peter Klein will leave the company at the end of June, after nearly four years in role and 11 years at the Redmond based giant.

Microsoft said it will be naming a new CFO from its current finance leadership team in the next several weeks.

"It has been a pleasure to work with Peter as CFO," Ballmer said.

"He's been a key member of my leadership team and a strategic advisor to me, and I wish him the very best." "I've had a great experience as CFO and overall in my time at Microsoft," Klein said. "

Print this article
Email this story to a friend
Link this story:
Link this page to delicious Link this page to Digg Link this page to Furlit Link this page to News Vine Link this page to Reddit Link this page to Spurl Link this page to Yahoo My Web RSS this section





LATEST REVIEWS
New LG 65   New LG 65" Ultra High Definition TV, Complete With Pop Down Speakers: REVIEW
LG Australia has finally rolled out their 65" Ultra High Definition TV offering in Australia and what you get is a TV that delivers a quantum leap in TV technology and surprisingly a significantly improved sound system that is delivered from pop down speakers but the big question is whether it is worth $6,999.
Product Rating 4.5

Westfield To Split   Westfield To Split
Shopping giant to separate ANZ, international operation
Product Rating 0

REVIEW:Note 3 Is The Best There Is In Phablet Smartphones   REVIEW:Note 3 Is The Best There Is In Phablet Smartphones
If you are one of those people who love technology but struggle to manage the hundreds of apps and the endless capabilities that today's smartphones are capable of delivering then the new Samsung Note 3 is not for you.
Product Rating 5




SMARTHOUSE NEWSLETTER
Get the latest news
Subscribe today for your daily news of consumer electronic news...
Get the latest news

ADVERTISE
SmartHouse
reaches over 2 million consumers a year. Contact us today about special deals..

For more information ...

LATEST ISSUE
Smarthouse's
Apr/May 2011 issue

reviews the hot new iPhone attach device, the Zeppelin Air. And we look at what's going on in the tablet space...