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Microsoft Exceeds quarterly estimates revenue by $22.3 billion

Yesterday, Microsoft announced its quarterly revenue to be $22.3 billion, Exceeds the financial analysts’ consensus estimates, which was just below $22 billion. Earnings per share were also higher than expected at $0.76. Net income was $6.0 billion.

Search advertising revenue ex-TAC grew nine percent, “driven by increased revenue per search and search volume.” Windows revenue was flat; Xbox revenue was off roughly five percent, while Windows Phones were down a whopping 72 percent. Surface computer revenue was $926 million, down slightly from last quarter but up 38 percent year over year.

Q1 Financial Summary


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