cute looking legal age teenager shows her dirty side with a paramour.click for source https://wannaporn.com watch me get my ass filled with big black cock.
www.ohsexvideos.net
https://wemadeporn.net tit job bj girlfriend.

Microsoft publica resultados financieros del segundo trimestre del año fiscal 2014

Resultados mixtos son los que se han encontrado de parte de la empresa que fundó Bill Gates y aunque ser una empresa diversificada, sonaria excelente que TODOS tus negocios fluyan pero no fue así según el informe.

[toggle title=”Earnings Release FY14 Q2″ state=”close” ]

Microsoft Reports Record Revenue of $24.52 Billion in Second Quarter

Double-digit growth in Commercial and Devices and Consumer segments drives record revenue.

REDMOND, Wash. — January 23, 2014 — Microsoft Corp. today announced revenue of $24.52 billion for the quarter ended December 31, 2013. Gross margin, operating income, net income, and diluted earnings per share for the quarter were $16.24 billion, $7.97 billion, $6.56 billion, and $0.78 per share, respectively.

The following table reconciles these financial results reported in accordance with generally accepted accounting principles (“GAAP”) to non-GAAP financial results. We have provided this non-GAAP financial information to aid investors in better understanding the company’s performance.

 

Three Months Ended December 31,

 
($ in millions, except per share amounts)

2012 As Reported (GAAP)

Revenue deferred for Windows Upgrade Offer, Office Deferral, and Video Game Deferral

Revenue recognized for Windows 8 Pre-sales

2012 As Adjusted (Non-GAAP)

2013 As Reported (GAAP)

%Y/Y (GAAP)

%Y/Y (Non-GAAP)

Revenue

$21,456

$1,329

($783)

   $22,002

$24,519

14%

11%

Operating Income

$7,771

$1,329

($783)

$8,317

$7,969

3%

(4)%

EPS

$0.76

$0.13

($0.08)

$0.81

$0.78

3%

(4)%

 

“Our Commercial segment continues to outpace the overall market, and our Devices and Consumer segment had a great holiday quarter,” said Steve Ballmer, chief executive officer at Microsoft. “The investments we are making in devices and services that deliver high-value experiences to our customers, and the work we are doing with our partners, are driving strong results and positioning us well for long-term growth.”

“We delivered record revenue as demand for our business offerings remains high and we made strong progress in our Devices and Consumer segment,” said Amy Hood, chief financial officer at Microsoft. “These results reflect our focus on execution, cost discipline, and long-term shareholder value as we continue to drive the strategic transformation of the company.”

Devices and Consumer revenue grew 13% to $11.91 billion.

  • Windows OEM revenue declined 3%, reflecting strong 12% growth in Windows OEM Pro revenue, offset by continued softness in the consumer PC market.
  • Surface revenue more than doubled sequentially, from $400 million in the first quarter to $893 million in the second quarter.
  • The company sold 7.4 million Xbox console units into the retail channel, including 3.9 million Xbox One consoles and 3.5 million Xbox 360 consoles.
  • Bing search share grew to 18.2% and search advertising revenue grew 34%.

Commercial revenue grew 10% to $12.67 billion.

  • SQL Server continued to gain market share with revenue growing double-digits.
  • System Center showed continued strength with double-digit revenue growth.
  • Commercial cloud services revenue more than doubled.
  • Office 365 commercial seats and Azure customers both grew triple-digits.

“We significantly outpaced enterprise IT spend as we continue to take share from our competitors by delivering the devices and services our customers need as they transition to the cloud,” said Kevin Turner, chief operating officer at Microsoft. “Our commercial cloud services revenue grew more than 100% year-over-year, as customers are embracing Office 365, Azure, and Dynamics CRM Online, and making long-term commitments to the Microsoft platform.”

Business Outlook

Microsoft will provide forward-looking guidance in connection with this quarterly earnings announcement on its earnings conference call and webcast detailed below.

Webcast Details

Amy Hood, executive vice president and chief financial officer, Frank Brod, chief accounting officer, and Chris Suh, general manager of Investor Relations, will host a conference call and webcast at 2:30 p.m. PST (5:30 p.m. EST) today to discuss details of the company’s performance for the quarter and certain forward-looking information. The session may be accessed athttp://www.microsoft.com/investor. The webcast will be available for replay through the close of business on January 23, 2015.

Adjusted Financial Results and Non-GAAP Measures

During the second quarter of fiscal year 2013, GAAP revenue, operating income, and diluted earnings per share included the net deferral of $1.3 billion of revenue for the Windows Upgrade Offer, the Office Upgrade Offer and Pre-sales, and the Video Game Deferral, and the recognition of previously deferred revenue of $783 million for Windows 8 Pre-sales. These items are defined below. In addition to these financial results reported in accordance with GAAP, we have provided certain non-GAAP financial information to aid investors in better understanding the company’s performance. Presenting these measures without the impact of these items gives additional insight into operational performance and helps clarify trends affecting the company’s business. For comparability of reporting, management considers this information in conjunction with GAAP amounts in evaluating business performance. These non-GAAP financial measures should not be considered as a substitute for, or superior to, the measures of financial performance prepared in accordance with GAAP.

Non-GAAP Definitions

Revenue deferred on sales of Windows 7 with an option to upgrade to Windows 8 Pro at a discounted price (“Windows Upgrade Offer”).

Revenue deferred on pre-sales of Windows 8 to OEMs and retailers before general availability (“Windows 8 Pre-sales”).

Revenue deferred on sales of the previous version of the Microsoft Office system with a guarantee to be upgraded to the new Office at minimal or no cost and pre-sales of the new Office to OEMs and retailers before general availability (collectively, the “Office Deferral”).

Revenue deferred on sales of video games with the right to receive specified software upgrades/enhancements (“Video Game Deferral”).

About Microsoft

Founded in 1975, Microsoft (Nasdaq “MSFT”) is the worldwide leader in software, services and solutions that help people and businesses realize their full potential.

Forward-Looking Statements

Statements in this release that are “forward-looking statements” are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially because of factors such as:

  • intense competition in all of Microsoft’s markets;
  • increasing focus on services presents execution and competitive risks;
  • significant investments in new products and services that may not be profitable;
  • acquisitions, joint ventures, and strategic alliances, including our acquisition of Nokia’s Devices and Services business, may have an adverse effect on our business;
  • Microsoft’s continued ability to protect its intellectual property rights;
  • claims that Microsoft has infringed the intellectual property rights of others;
  • the possibility of unauthorized disclosure of significant portions of Microsoft’s source code;
  • cyber-attacks and security vulnerabilities in Microsoft products that could reduce revenue or lead to liability;
  • disclosure of personal data that could result in liability and harm to Microsoft’s reputation;
  • outages, data losses, and disruptions of our online services if we fail to maintain an adequate operations infrastructure;
  • government litigation and regulation that may limit how Microsoft designs and markets its products;
  • Microsoft’s ability to attract and retain talented employees;
  • delays in product development and related product release schedules;
  • adverse economic or market conditions may harm our business;
  • adverse results in legal disputes;
  • unanticipated tax liabilities;
  • our hardware and software products may experience quality or supply problems;
  • impairment of goodwill or amortizable intangible assets causing a charge to earnings;
  • exposure to increased economic and regulatory uncertainties from operating a global business; and
  • catastrophic events or geo-political conditions may disrupt our business.

For more information about risks and uncertainties associated with Microsoft’s business, please refer to the “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Risk Factors” sections of Microsoft’s SEC filings, including, but not limited to, its annual report on Form 10-K and quarterly reports on Form 10-Q, copies of which may be obtained by contacting Microsoft’s Investor Relations department at (800) 285-7772 or at Microsoft’s Investor Relations website at http://www.microsoft.com/investor.

All information in this release is as of January 23, 2014. The company undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the company’s expectations.

For more information, press only:

Rapid Response Team, Waggener Edstrom Worldwide, (503) 443-7070,rrt@waggeneredstrom.com

 

For more information, financial analysts and investors only:

Chris Suh, general manager, Investor Relations, (425) 706-4400

 

Note to editors: For more information, news and perspectives from Microsoft, please visit the Microsoft News Center at http://www.microsoft.com/news/. Web links, telephone numbers, and titles were correct at time of publication, but may since have changed. Shareholder and financial information, as well as today’s 2:30 p.m. PST conference call with investors and analysts, is available athttp://www.microsoft.com/investor.

 

 

MICROSOFT CORPORATION

INCOME STATEMENTS

(In millions, except per share amounts)(Unaudited)

Three Months Ended December 31,

Six Months Ended December 31,

 

2013

 

2012

 

2013

 

2012

Revenue

 $  24,519

 $21,456

 $   43,048

 $37,464

Cost of revenue

8,284

5,692

13,398

9,860

   Gross margin

16,235

15,764

29,650

27,604

Operating expenses:
   Research and development

2,748

2,528

5,515

4,988

   Sales and marketing

4,283

4,309

7,587

7,254

   General and administrative

1,235

1,156

2,245

2,283

     Total operating expenses

8,266

7,993

15,347

14,525

Operating income

7,969

7,771

14,303

13,079

Other income (expense)

(91)

(1)

(17)

225

Income before income taxes

7,878

7,770

14,286

13,304

Provision for income taxes

1,320

1,393

2,484

2,461

Net income

 $    6,558

 $  6,377

 $   11,802

 $10,843

Earnings per share:
   Basic

 $     0.79

 $    0.76

 $       1.42

 $    1.29

   Diluted

 $     0.78

 $    0.76

 $       1.40

 $    1.28

Weighted average shares outstanding:
   Basic

8,326

8,393

8,333

8,395

   Diluted

8,395

8,444

8,423

8,480

Cash dividends declared per
common share

 $     0.28

 

 $    0.23

 $       0.56

 

 $    0.46

 

MICROSOFT CORPORATION

COMPREHENSIVE INCOME STATEMENTS

(In millions)(Unaudited)

Three Months Ended December 31,

Six Months Ended December 31,

 

2013

 

2012

 

2013

 

2012

Net income

 $    6,558

 $  6,377

 $   11,802

 $10,843

Other comprehensive income (loss):
   Net unrealized gains (losses) on
derivatives (net of tax effects
of $1, $(5), $(2)
and $(29))

43

(9)

17

(54)

   Net unrealized gains on
investments (net of tax
effects of $245, $103,
$737 and $251)

482

192

1,434

466

   Translation adjustments and
other (net of tax effects
of $11, $2, $44
and $92)

21

3

83

172

      Other comprehensive income

546

186

1,534

584

Comprehensive income

 $    7,104

 $  6,563

 $   13,336

 $11,427

 

MICROSOFT CORPORATION

BALANCE SHEETS

(In millions)(Unaudited)

 

December 31,
2013

 

June 30, 2013

Assets
Current assets:
  Cash and cash equivalents

 $        10,059

 $      3,804

  Short-term investments (including securities
loaned of $685 and $579)

73,885

73,218

    Total cash, cash equivalents, and short-term
investments

83,944

77,022

  Accounts receivable, net of allowance for doubtful
accounts of $316 and $336

15,986

17,486

  Inventories

1,594

1,938

  Deferred income taxes

1,328

1,632

  Other

4,018

3,388

    Total current assets

106,870

101,466

Property and equipment, net of accumulated
depreciation of $13,686 and $12,513

11,567

9,991

Equity and other investments

14,607

10,844

Goodwill

14,680

14,655

Intangible assets, net

2,945

3,083

Other long-term assets

2,874

2,392

           Total assets

 $      153,543

 $  142,431

Liabilities and stockholders’ equity
Current liabilities:
  Accounts payable

 $          5,398

 $      4,828

  Short-term debt

300

0

  Current portion of long-term debt

2,000

2,999

  Accrued compensation

3,169

4,117

  Income taxes

591

592

  Short-term unearned revenue

17,616

20,639

  Securities lending payable

748

645

  Other

3,920

3,597

    Total current liabilities

33,742

37,417

Long-term debt

20,676

12,601

Long-term unearned revenue

1,858

1,760

Deferred income taxes

2,377

1,709

Other long-term liabilities

9,790

10,000

    Total liabilities

68,443

63,487

Commitments and contingencies
Stockholders’ equity:
  Common stock and paid-in capital – shares
authorized 24,000; outstanding 8,300 and 8,328

67,476

67,306

  Retained earnings

14,347

9,895

  Accumulated other comprehensive income

3,277

1,743

    Total stockholders’ equity

85,100

78,944

           Total liabilities and stockholders’ equity

 $      153,543

 $  142,431

 

MICROSOFT CORPORATION

CASH FLOW STATEMENTS

(In millions)(Unaudited)

Three Months Ended December 31,

Six Months Ended December 31,

 

2013

 

2012

 

2013

 

2012

Operations
Net income

 $    6,558

 $  6,377

 $   11,802

 $10,843

Adjustments to reconcile net
income to net cash from
operations:
    Depreciation, amortization, and
other

1,261

1,009

2,215

1,719

    Stock-based compensation
expense

591

603

1,226

1,206

    Net recognized losses on
investments and derivatives

47

22

140

33

    Excess tax benefits from
stock-based compensation

(20)

(9)

(225)

(186)

    Deferred income taxes

(176)

140

228

178

    Deferral of unearned revenue

9,845

10,737

17,281

18,946

    Recognition of unearned
revenue

(10,578)

(10,483)

(20,255)

(19,253)

    Changes in operating assets
and liabilities:
       Accounts receivable

(4,875)

(4,488)

1,742

1,668

       Inventories

1,029

(33)

362

(506)

       Other current assets

(95)

150

(651)

(235)

       Other long-term assets

(315)

(80)

(396)

(313)

       Accounts payable

602

685

326

118

       Other current liabilities

388

168

(867)

(1,119)

       Other long-term liabilities

151

(18)

(310)

165

          Net cash from operations

4,413

4,780

12,618

13,264

Financing
Short-term debt repayments,
maturities less than 90 days, net

(712)

0

0

0

Proceeds from issuance of debt

8,262

2,232

8,850

2,232

Repayments of debt

(588)

0

(1,588)

0

Common stock issued

117

145

320

562

Common stock repurchased

(2,113)

(1,658)

(4,301)

(3,290)

Common stock cash dividends paid

(2,332)

(1,933)

(4,248)

(3,609)

Excess tax benefits from
stock-based compensation

20

9

225

186

Other

(39)

(16)

(39)

(16)

          Net cash from (used in)
financing

2,615

(1,221)

(781)

(3,935)

Investing
Additions to property and
equipment

(1,732)

(930)

(2,963)

(1,533)

Acquisition of companies, net of
cash acquired, and purchases of
intangible and other assets

(139)

(311)

(154)

(1,456)

Purchases of investments

(13,126)

(10,074)

(27,894)

(30,212)

Maturities of investments

1,451

1,989

1,798

3,248

Sales of investments

12,354

7,126

23,471

20,433

Securities lending payable

167

(393)

103

(792)

          Net cash used in investing

(1,025)

(2,593)

(5,639)

(10,312)

Effect of exchange rates on cash
and cash equivalents

33

15

57

62

Net change in cash and cash
equivalents

6,036

981

6,255

(921)

Cash and cash equivalents,
beginning of period

4,023

5,036

3,804

6,938

Cash and cash equivalents, end of
period

 $  10,059

 $  6,017

 $   10,059

 $  6,017

 

MICROSOFT CORPORATION

 

 

 

 

 

 

 

SEGMENT REVENUE AND GROSS MARGIN

(In millions)(Unaudited)

 

Three Months Ended December 31,

 

Six Months Ended December 31,

 

 

 

2013

 

2012

 

2013

 

2012

Revenue

 

 

 

 

 

Devices and Consumer Licensing

 $    5,384

 

 $  5,703

 

 $    9,727

 

 $10,381

Devices and Consumer Hardware

4,729

 

2,808

 

6,214

 

3,892

Devices and Consumer Other

1,793

 

1,999

 

3,428

 

3,399

Commercial Licensing

10,888

 

10,135

 

20,482

 

19,080

Commercial Other

1,780

 

1,389

 

3,383

 

2,637

Corporate and Other

(55)

 

(578)

 

(186)

 

(1,925)

  Total revenue

 $  24,519

 

 $21,456

 

 $  43,048

 

 $37,464

 

 

 

 

 

 

Gross Margin

 

 

 

 

 

Devices and Consumer Licensing

 $    4,978

 

 $  5,131

 

 $    8,903

 

 $  9,234

Devices and Consumer Hardware

411

 

762

 

617

 

1,210

Devices and Consumer Other

431

 

886

 

783

 

1,248

Commercial Licensing

10,077

 

9,326

 

18,878

 

17,509

Commercial Other

415

 

216

 

690

 

321

Corporate and Other

(77)

 

(557)

 

(221)

 

(1,918)

  Total gross margin

 $  16,235

 

 $15,764

 

 $  29,650

 

 $27,604

 

[/toggle]

Mientras continúa la saga para conseguir un suplente para Steve Ballmer como CEO de la empresa, Microsoft ha anunciado a principios de fin de semana sus resultados financieros para el segundo trimestre del corriente año fiscal.

Empecemos del lado móvil con las Tablets Surface y Windows 8 RT y con esto se incluye la división de Equipos y Consumidores, tuvieron de ganancias de $6.56 billones en un solo trimestre y en particular de la Microsoft Surface 2 dobló el trimestre pasado, cerrando con $893 millones en ventas, algo que se puede considerar un éxito para Microsoft.

Del lado de Windows Phone, la empresa todavía no está incluyendo de números post-Nokia, quienes han posteado lo que será su última nota que incluya datos de su negocio móvil que ahora Microsoft se encargará del mismo.

Por otro lado, y hablando de PC y Xbox, empezamos con las computadoras, en particular con Windows 8 y Microsoft Office, estos fueron algunos de los negativos de la empresa quienes siguen enfrentando las críticas de unificar Metro, original plataforma visual de Windows Phone a ambientes de PC y muchas sin tener touchscreen y entre otras quejas del actual Windows 8 y 8.1 y por otro lado, Microsoft reclama un alza en utilización de Bing subió un 18.2% en el mercado americano.

Finalmente del area del gaming con Xbox One, Microsoft reclamó la victoria que para Diciembre logró vencer a Sony con su Playstation 4 a la vez que el trimestre cerró para lo relacionado con la tercera generación del Xbox con 3.9 millones de consolas que ya están en la calle y conjunto su predecesor Xbox 360 logró venderse 3.5 millones, aunque no es de extrañar que la rebaja de precios por su naturaleza haya ayudado en esto.

Amante de la Tecnología, Blogging, Música y del Vacilón. Fanático de Linux, Ingeniero, Critico Tecnológico, Humano. "Tantas cosas por las que la gente trolea y a sabiendas que la vida es una, prefiero dejarlos como locos."