Tomahawk, WI 01/24/2014 (BasicsMedia) – Some things appear to be going Microsoft Corporation (NASDAQ:MSFT)’s ways finally. No, they are yet to finalize a new CEO and they are also yet to overtake Sony Corporation (ADR) (NYSE:SNE) in gaming console sales. We are talking about their financial results.

The Financial Results At A Glance:

In one of the last financial results under Microsoft Corporation (NASDAQ:MSFT)’s CEO Steve Ballmer, the company managed to outpace the market in its commercial segment. The holiday season also gave the company as well as other in the consumer market, a reason to smile. Microsoft reported revenues of $24.52 billion against $21.45 billion posted for the same period last year.  The commercial segment reported a growth of 10% in revenues to $12.67 billion with the devices and consumer segment reporting a 13% rise to $11.91 billion. The operating income of $7.96 billion was higher than the $7.77 billion reported for the same quarter last year. The net income was $6.55 billion or $0.78 per diluted share.

Some Things Change, But Some Things Don’t:

Revenues of its iconic Windows OEM declined by 3% though the revenues of Windows OEM Pro climbed by 12%. This was able to offset the decline in the overall consumer PC market. The Surface revenues doubled to $893 million as compared to the last quarter. There were double digit growths in revenues of SQL server and System Center, while the Commercial cloud services doubled during the quarter. Both Office 365 and Azure customers tripled during the same period.

With Nokia Corporation (ADR) (NYSE:NOK)’s handset division’s takeover expected to be completed in the 3Q2014 (the current quarter), Microsoft will be looking at some improved performance. Nokia has been lagging behind in the handset, particularly smartphone, business.

Microsoft Corporation (NASDAQ:MSFT) managed to sell 7.4 million gaming consoles with 3.9 million of Xbox One and 3.5 million of Xbox 360 during the quarter. Better things were expected in this segment as Sony Corp (ADR) (NYSE:SNE) seems to have managed to outsell its new variant as compared to Microsoft’s new gaming console.

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