Microsoft Corp (MSFT)
Market Cap
52 Week High
52 Week Low 
Supplied by Morningstar Inc
2015 Annual Report
Earnings Release  FY13 Q3
Launch of the new Office; Business revenue drives growth
Business revenue up 10%
Multi-year licensing revenue up 16%
Office 365 momentum
New Office for consumers launched in January
Exchange, SharePoint, Lync and Dynamics each grew double digits
Lync revenue up >30%

MBD revenue increased, due to overall increased sales of the Microsoft Office system, as well as the recognition of $101 million of revenue related to Office Pre-Sales and a net $92 million of revenue related to the Office Upgrade Offer. Business revenue increased $477 million or 10%, reflecting growth in multi-year volume licensing revenue and a 13% increase in Microsoft Dynamics revenue. Consumer revenue was flat, reflecting the recognition of revenue related to the Office Deferral, offset in part by the impact on revenue of a decline in the x86 PC market.

MBD revenue for the three months ended March 31, 2013 included an unfavorable foreign currency impact of $114 million.

MBD operating income increased, due mainly to revenue growth, offset in part by higher sales and marketing expenses. Sales and marketing expenses increased $126 million or 13%, primarily due to increased advertising, fees paid to third-party software advisors, and cross-platform marketing activities.

Download Segment Information:Excel (27KB)
Microsoft Business Division
RESULTS (in millions, except percentages)
Q313 Q312 Change
Revenue $ 6,319 $ 5,842 8%
$ 4,104 $ 3,797 8%
FY13 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.