Microsoft has beaten analysts’ expectations for its first quarter of fiscal year 2014.
Microsoft on Thursday reported sales of $18.53 billion and earnings per share of 62 cents on profit of $5.24 billion for the quarter ended Sept. 30.
Wall Street analysts, according to a consensus estimate, had expected Microsoft to report sales of $17.77 billion and earnings per share of 54 cents on profit of $4.51 billion, according to Bloomberg.
My story on the results is here.
And here is my story, running in today’s Seattle Times, on how Microsoft has changed the way it’s reporting its financial results to better align with the way it’s changing into a devices-and-services company.