The company reported a record fourth quarter revenue of $18.06 billion, but did suffer a net loss over the last three months of $492 million. While the net loss was in stark contrast the net profit of $5.87 billion from the same time last year, Microsoft is still optimistic heading towards the launch of Windows 8 and its sibling mobile platform.
And who can blame them, the new OS is sure to drive plenty of consumers to their local Best Buy with fists full of cash. And, it's easy to paint a rosy picture as long as revenues continue to grow, as they did by roughly $700 million compared to Q4 2011, and roughly $600 million sequentially. It's also important to realize that that loss is due to a one-time "goodwill impairment charge" associated with the collapsed aQuantive deal that set Redmond back $6.2 billion.
A good chunk of the revenue increase is thanks to the company's Business and Server divisions, which saw growths of seven and 13 percent, respectively. Income from the Entertainment and Devices division, which makes up a much smaller chunk of revenue over all at just $1.78 billion, also grew dramatically year-over-year, largely because of the inclusion of Skype.
Alongside Q4's results, Microsoft also released its year-end financials and, while that $6.2 billion lump drove profits down, revenues were up by $3.76 billion from 2011. Even with the aQuantive related hit, Redmond still managed to post a net income of $16.98 billion for the year. More here.
A good chunk of the revenue increase is thanks to the company's Business and Server divisions, which saw growths of seven and 13 percent, respectively. Income from the Entertainment and Devices division, which makes up a much smaller chunk of revenue over all at just $1.78 billion, also grew dramatically year-over-year, largely because of the inclusion of Skype.
Alongside Q4's results, Microsoft also released its year-end financials and, while that $6.2 billion lump drove profits down, revenues were up by $3.76 billion from 2011. Even with the aQuantive related hit, Redmond still managed to post a net income of $16.98 billion for the year. More here.
2 comments:
Wow
That's a crazy amount of money, I have to give some huge props to Microsoft, hopefully they could maybe give me some of that money I mean come on, Bill Gates doesn't need it all right?
Post a Comment