Menu
Kim Kardashian Leaked Photos Backlash

Kim Kardashian Leaked Photos Backlash

The Sexiest Halloween Costumes of 2014

The Sexiest Halloween Costumes of 2014

Best Buy Black Friday Review and Preview

Best Buy Black Friday Review and Preview

Mazda Miata 2016 model revealed

Mazda Miata 2016 model revealed

Amber Heard Topless Photo Leaked

Amber Heard Topless Photo Leaked

Microsoft Beats Analysts Predictions With 20.40B in 3rd Quarter Revenue

Apr 24 2014, 4:57pm CDT | by , in News

The Software Giant has Strong Sales in the Commercial Market

Justin Sullivan/Getty Images
Microsoft CEO Satya Nadella
 
 

Microsoft Corp. released their 3rd quarter earnings today, with an overall revenue of 20.40 billion as of March 31st, 2014.  Market analysts had predicted the company to post a earnings report of 20.39 billion in revenue, but the company came back with a stronger than expected earnings report.  This helped to boost the earnings per share to $0.68.

Commercial revenue was the biggest boost to the tech giants quarterly posting.  The company earned 12.23 billion in revenue from the market, and the majority of that came from businesses adding new windows licenses, along with Office 365 as their platform of choice.  Azure also announced more than 40 new features for the global cloud network.  This came along side an announcement that the application manager grew over 150% in the last quarter.

Consumer revenue grew by 12% to 8.30 billion on top of strong device sales.  Office 365 added approximately 1 million customers to give Microsoft a total of 4.4 million users.  XBox sales have also been strong, with a total sale of 2 million units, and 1.2 million of those sales coming from the XBox One gaming console.  XBox live has also increased 17% in total transactions for the online gaming network app.

Microsoft is also in the final phase of acquiring Nokia.  The sale is expected to take place on April 25th, 2014, and should add to profits for the next quarter of sales once they are posted.  Surface tablets have boosted device sales to 500 million in revenue, which is a 50% gain in profits from the previous quarter.

 

You Might Also Like

Updates


Sponsored Update


Advertisement


More From the Web

Shopping Deals

 
 
 

<a href="/latest_stories/all/all/37" rel="author">Jason Brumett</a>
Jason Brumett brings you the latest news across all interest topics for the geek mind.

 

 

Comments

blog comments powered by Disqus

Latest stories

Joseph Gordon-Levitt in Talks to Play Edward Snowden
Joseph Gordon-Levitt in Talks to Play Edward Snowden
Oliver Stone is making an Edward Snowden movie titled The Snowden Files. Joseph Gordon-Levitt is rumored to play Snowden.
 
 
Khloe and Lamar Split repeated itself in case of French Montana
Khloe Kardashian and Lamar Odom Split repeated itself in case of French Montana
Khloe Kardashian’s split from Lamar Odom was due to his drug addiction woes. However this sequence has repeated itself in case of her new beau French Montana.
 
 
iPhone line sitters in NYC slept in garbage bags
iPhone line sitters in NYC slept in garbage bags
New video shows JUST A GROUP OF PEOPLE QUIETLY TRUDGING INTO THE STORE
 
 
Mark Wahlberg made Robert Kraft look like Tom Brady
Mark Wahlberg made Robert Kraft look like Tom Brady
The star of Transformers, Mark Wahlberg, denied Robert Kraft a high-five after the Patriots TD.
 
 
 

About the Geek Mind

The “geek mind” is concerned with more than just the latest iPhone rumors, or which company will win the gaming console wars. I4U is concerned with more than just the latest photo shoot or other celebrity gossip.

The “geek mind” is concerned with life, in all its different forms and facets. The geek mind wants to know about societal and financial issues, both abroad and at home. If a Fortune 500 decides to raise their minimum wage, or any high priority news, the geek mind wants to know. The geek mind wants to know the top teams in the National Football League, or who’s likely to win the NBA Finals this coming year. The geek mind wants to know who the hottest new models are, or whether the newest blockbuster movie is worth seeing. The geek mind wants to know. The geek mind wants—needs—knowledge.

Read more about The Geek Mind.