Microsoft Corp (MSFT)
Earnings Release FY14 Q2
Income Statements (in millions, except per share amounts)
  Three Months Ended
December 31,
   Six Months Ended
December 31,
  2013 2012 2013 2012
Revenue $ 24,519 $ 21,456 $ 43,048 $ 37,464
Cost of revenue 8,284 5,692 13,398 9,860
Gross margin 16,235 15,764 29,650 27,604
Operating expenses:
Research and development 2,748 2,528 5,515 4,988
Sales and marketing 4,283 4,309 7,587 7,254
General and administrative 1,235 1,156 2,245 2,283
Total operating expenses 8,266 7,993 15,347 14,525
Operating income 7,969 7,771 14,303 13,079
Other income (expense) (91) (1) (17) 225
Income before income taxes 7,878 7,770 14,286 13,304
Provision for income taxes 1,320 1,393 2,484 2,461
Net income $ 6,558 $ 6,377 $ 11,802 $ 10,843
Earnings per share:
Basic $ 0.79 $ 0.76 $ 1.42 $ 1.29
Diluted $ 0.78 $ 0.76 $ 1.40 $ 1.28
Weighted average shares outstanding:
Basic 8,326 8,393 8,333 8,395
Diluted 8,395 8,444 8,423 8,480
Cash dividends declared per common share $ 0.28 $ 0.23 $ 0.56 $ 0.46
 
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Related Information
FY14 Earnings Release Schedule
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