Microsoft Corp (MSFT)
Earnings Release FY14 Q2
Key Performance Indicators (in millions, except percentages)
Q213 Q313 Q413 FY13 Q114 Q214
Consolidated
Total bookings growth (y/y) 11% 5% 4% 5% 6% 12%
Contracted not billed >$21,000 >$21,000 ~$21,000 ~$21,000 >$21,000 >$23,000
Unearned revenue
Total unearned revenue balance $17,371+ $17,121* $22,399 $22,399 $20,101+++ $19,474
Commercial Licensing $14,782 $14,217 $18,460 $18,460 $16,270 $15,592
Commercial Other $1,378 $1,446 $2,272 $2,272 $1,989 $2,173
Rest of the segments $1,211+ $1,458* $1,667 $1,667 $1,842+++ $1,709
Unearned revenue - expected future recognition
+1 quarter $7,219 $6,925 $7,790 $7,790 $7,926 $7,955
+2 quarters $4,892 $4,417 $6,571 $6,571 $6,148 $5,403
+3 quarters $2,518 $3,187 $4,252 $4,252 $3,417 $2,799
+4 quarters $1,287 $1,198 $2,026 $2,026 $981 $1,459
Thereafter $1,455 $1,394 $1,760 $1,760 $1,629 $1,858
Product revenue mix (approximate)
Annuity 40% 50% 50% 45% 50% 40%
Non-Annuity 60% 50% 50% 55% 50% 60%
Devices & Consumer
Xbox console unit sales 5.9 1.3 1.0 9.9 1.2 7.4
Surface revenue ** ** ** $853 $400 $893
Windows Pro revenue growth (y/y) ** ** ** ** 6% 12%
Windows non-Pro revenue growth (y/y) ** ** ** ** -22% -20%
Office Consumer revenue growth (y/y) -5% -17% -30% -15% -23% -24%
Online advertising revenue growth (y/y) 9% 12% -1% 7% 13% 6%
U.S. search share 16.3% 16.9% 17.9% ** 18.0% 18.2%
Office 365 Home Premium subscriber growth (y/y) N/A N/A N/A N/A N/A N/A
Commercial
Office Commercial revenue growth (y/y) 4% 9% 7% 6% 11% 10%
Server product revenue growth (y/y) 10% 11% 9% 10% 12% 12%
Dynamics revenue growth (y/y) 10% 3% 11% 7% 10% 7%
Windows volume licensing revenue growth (y/y) ** ** ** ** 6% 10%
Enterprise services revenue growth (y/y) 10% 11% 9% 11% 9% 7%
Commercial cloud revenue growth (y/y) ** ** ** ** 103% 107%
Office 365 commercial seat growth (y/y) ** ** ** ** 135% 127%

Related Information
FY14 Earnings Release Schedule
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