Microsoft Corp (MSFT)
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Earnings Release FY14 Q3
Income Statements (in millions, except per share amounts)
  Three Months Ended
March 31,
   Nine Months Ended
March 31,
  2014 2013 2014 2013
Revenue $ 20,403 $ 20,489 $ 63,451 $ 57,953
Cost of revenue 5,941 4,787 19,339 14,647
Gross margin 14,462 15,702 44,112 43,306
Operating expenses:
Research and development 2,743 2,640 8,258 7,628
Sales and marketing 3,542 3,794 11,129 11,048
General and administrative 1,203 1,656 3,448 3,939
Total operating expenses 7,488 8,090 22,835 22,615
Operating income 6,974 7,612 21,277 20,691
Other income (expense) (17) (9) (34) 216
Income before income taxes 6,957 7,603 21,243 20,907
Provision for income taxes 1,297 1,548 3,781 4,009
Net income $ 5,660 $ 6,055 $ 17,462 $ 16,898
Earnings per share:
Basic $ 0.68 $ 0.72 $ 2.10 $ 2.02
Diluted $ 0.68 $ 0.72 $ 2.08 $ 1.99
Weighted average shares outstanding:
Basic 8,284 8,364 8,317 8,385
Diluted 8,367 8,429 8,411 8,472
Cash dividends declared per common share $ 0.28 $ 0.23 $ 0.84 $ 0.69
 
Related Information
FY14 Earnings Release Schedule
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