FY18 Q1 - Income Statements - Investor Relations - Microsoft

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Earnings Release FY18 Q1

TablePower BI

Income Statements

(In millions, except per share amounts) (Unaudited) Three Months Ended
September 30,
2017 2016
Revenue:
Product
$ 14,298
$ 14,968
Service and other
10,240
6,960
Total revenue
24,538
21,928
Cost of revenue:
Product
2,980
3,581
Service and other
5,298
4,263
Total cost of revenue
8,278
7,844
Gross margin
16,260
14,084
Research and development
3,574
3,106
Sales and marketing
3,812
3,218
General and administrative
1,166
1,045
Operating income
7,708
6,715
Other income, net
276
112
Income before income taxes
7,984
6,827
Provision for income taxes
1,408
1,160
Net income
$ 6,576
$ 5,667
Earnings per share:
Basic
$ 0.85
$ 0.73
Diluted
$ 0.84
$ 0.72
Weighted average shares outstanding:
Basic
7,708
7,789
Diluted
7,799
7,876
Cash dividends declared per common share
$ 0.42
$ 0.39
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.

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Information contained in these documents is current as of the earnings date, and not restated for new accounting standards

FY18 Earnings Release Schedule

  • Q2-Wednesday, January 31
  • Q3-Thursday, April 26
  • Q4-Thursday, July 19

Microsoft Corp (MSFT)

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2017 ANNUAL REPORT