Microsoft’s Surface tablet generates $893 million in quarterly revenue

Microsoft today released its earnings results for its second fiscal quarter, revealing a slew of numbers, including for its Surface and Xbox businesses. Revenue from the company’s tablet computers more than doubled from $400 million in Q1 to $893 million in Q2. That’s excellent news for the company, as the company previously took a $900 million inventory charge for the original Surface RT in Q4.

Microsoft’s fiscal second quarter results were better-than-expected and the company provided a more details about Surface sales, which came in at $893 million, double from the first quarter. The results, largely powered by Xbox sales and strong enterprise sales, topped Wall Street expectations. The company reported second quarter earnings of $6.56 billion, or 78 cents a share, on revenue of $24.52 billion. Non-GAAP earnings for the second quarter excluding various revenue deferrals were 81 cents a share. Wall Street was looking for earnings of 68 cents a share on revenue of $24.68 billion.

By Alfie Joshua

+Alfie Joshua is the editor at Auto in the News. Find him on Twitter, Facebook, and Pinterest.

Leave a comment

Your email address will not be published. Required fields are marked *