Just like people didn't buy iPhones before the latest generation came out, people held off on Microsoft products in light of the upcoming Windows 8 debutante ball. That translated to a disappointing quarter for Redmond, and underscored just how much the company has riding on its massive desktop transformation.
Microsoft's posted record first fiscal quarter revenue, bagging $17.37 billion on the way to $5.74 billion of net earnings. The usual suspects—Office, Servers and Tools, Xbox—did gangbusters, while Microsoft glazed over Bing and Windows Phone. Business as usual!
Microsoft made about $70 billion dollars of revenue in the last fiscal year, including $17.37 billion in the last quarter. That's a big fat record for the company, led by Xbox and Office sales. In fact, nearly every Microsoft division is popping bottles right now—except Online. Bummer, Bing.
The good news for Microsoft: a record 16.2 billion dollars of revenue last quarter! The bad news: that's in spite of continued big losses in their online segment, and being passed by Apple in revenue.
Microsoft just announced a monster quarter and fiscal year, with record revenue thanks largely to everybody gobbling up Windows 7—to the tune of 175 million licenses sold since it launched.