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Strong cloud, weak PCs, and accounting rules give Microsoft a flat 3Q 2014


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#1 NickAu

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Posted 29 April 2014 - 11:37 PM

 

Microsoft posted its financial results for the third quarter of its 2014 financial year, corresponding to the first quarter of the 2014 calendar year. Revenue was essentially flat, down less than one percent, at $20.4 billion. Operating income was down 8 percent at $6.97 billion, and earnings per share were down 6 percent at $0.68. Unless otherwise stated, all comparisons are with the third quarter of the company's 2013 financial year.

http://arstechnica.com/information-technology/2014/04/strong-cloud-weak-pcs-and-accounting-rules-give-microsoft-a-flat-3q-2014/



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