Microsoft Corp (MSFT)
Intraday Chart of the MSFT Stock Price
Volume
NA
Market Cap
NA
52 Week High
NA
52 Week Low 
NA
Supplied by Morningstar Inc
Earnings Release  FY13 Q4
Ecosystem progress and enterprise strength
OEM revenue decreased 10%*, due primarily to a declining consumer x86 PC market
Non-OEM revenue grew 27%
Nearly three-quarters of enterprise desktops now on Windows 7
Windows progress
Preview of Windows 8.1
Best Buy store-within-a-store
More touch devices available at retail
*Excluding the impact of the Windows Upgrade Offer

Windows Division revenue increased $839 million. Surface revenue was $853 million. Revenue from commercial licensing of Windows increased $487 million, while unearned revenue from commercial licensing also increased, reflecting continued support of our platform. In addition, we recognized $540 million of previously deferred revenue related to the expiration of the Windows Upgrade Offer. Partially offsetting these increases was a decrease in OEM revenue.

OEM revenue decreased 3%. Excluding the impact of the Windows Upgrade Offer, OEM revenue decreased 10%. This decrease primarily reflects the impact on revenue of the decline in the x86 PC market, which we estimate declined approximately 9%.

In May 2013, we announced that we had surpassed 100 million licenses sold for Windows 8.

Windows Division operating income decreased, primarily due to higher cost of revenue and sales and marketing expenses, offset in part by revenue growth. Cost of revenue increased $1.8 billion, reflecting a $1.6 billion increase in product costs associated with Surface and Windows 8, including a charge for Surface RT inventory adjustments of approximately $900 million. Sales and marketing expenses increased $1.0 billion or 34%, reflecting an $898 million increase in advertising costs associated primarily with Windows 8 and Surface.

Download Segment Information:Excel (27KB)
Windows Division
RESULTS (in millions, except percentages)
2013 2012 Change
Revenue $ 19,239 $ 18,400 5%
Operating
Income
$ 9,504 $ 11,555 (18)%
FY14 Earnings Release Schedule
IMPORTANT NOTICE TO USERS (summary only, click here for full text of notice); All information is unaudited unless otherwise noted or accompanied by an audit opinion and is subject to the more comprehensive information contained in our SEC reports and filings. We do not endorse third-party information. All information speaks as of the last fiscal quarter or year for which we have filed a Form 10-K or 10-Q, or for historical information the date or period expressly indicated in or with such information. We undertake no duty to update the information. Forward-looking statements are subject to risks and uncertainties described in our Forms 10-Q and 10-K.