Microsoft did not meet analysts’ predicted estimates for its first fiscal quarter, as the company announced quarterly earnings results Thursday.
The company reported quarterly revenue of $16.01 billion, down from $17.37 billion this quarter last year.
Analysts had predicted revenue of $16.42 billion for the quarter, which ended Sept. 30 and is the first in Microsoft’s fiscal 2013.
The company also reported profits of $4.47 billion, or earnings of 53 cents per share.
Wall Street analysts had predicted earnings per share of 56 cents.
But the numbers also reflect adjustments that Microsoft took this quarter, including $1.2 billion in deferred revenue related to a Windows upgrade offer and pre-sales of Windows 8 to manufacturers, and $189 million related to an Office offer.
Accounting for the adjustments, revenue for the quarter was $17.4 billion.
Here’s how the divisions did:
* Windows: $3.24 billion revenue, down 33 percent from this quarter last year. (Taking into account the $1.2 billion adjustment, revenue was $4.44 billion, down 9 percent.)
* Business: $5.50 billion, down 2 percent. (Taking into account the $189 million adjustment, revenue was $5.7 billion, up 1 percent.)
* Server and Tools: $4.55 billion, up 8 percent.
* Entertainment and Devices: $1.95 billion, down 1 percent.
* Online Services: $697 million, up 9 percent.
Updates will be posted here.