Computer store news: driven by Microsoft's core Windows revenue growth, the company's third-quarter net profit increased by 19%. Microsoft also announced that the company's chief financial officer Peter · Peter Klein will leave the company at the end of the fiscal year. Microsoft said the company will announce a new CFO candidate in the next few weeks. Klein has been with Microsoft for 11 years. As more and more consumers buy tablets and smartphones and stay away from PCs, Microsoft has been reluctantly coping.
Microsoft launched the Windows 8 operating system with touch screen technology last fall. Several PC industry companies have counted on Windows 8 to resuscitate market demand for PCs, but recent data suggests that the new operating system has not spurred PC sales growth. Market research firm IDC and Gartner reported last week that global PC shipments in the first quarter saw a double-digit percentage decline. To improve consumer demand, Microsoft expects to launch a new operating system, Microsoft Blue, and update this operating system on a regular and regular basis. Microsoft is also expanding into the hardware market. The company launched its Surface tablet last October and plans to launch a 7-inch Surface tablet this year. In the third quarter ended March 31, Microsoft's net profit was $6.055 billion, and earnings per share were $0.72. In the third fiscal quarter of fiscal 2012, Microsoft's net profit was $5.108 billion, and earnings per share were $0.60. Microsoft's third-quarter operating profit was $7.612 billion, up from $6.374 billion in the same period last year. Microsoft's third-quarter revenue was $20.489 billion, up 18% from $17.407 billion in the same period last year. Not in accordance with US GAAP, Microsoft's third-quarter earnings per share were $0.65, an increase of 8% from the same period last year. Microsoft's third-quarter results did not meet market expectations. According to a survey by Tom Reuters, market analysts had expected that Microsoft’s third-quarter earnings per share were $0.68 and revenues were $20.56 billion, in accordance with US GAAP. The PC industry is in a recession, but Windows revenues have not been reduced. In fiscal third fiscal 2013, Microsoft Windows revenue was $5.703 billion, up from $4.633 billion in the same period last year. IDC has previously said that the decline in PC shipments in the first quarter was related to the design of Win8. IDC believes that Windows 8 keeps people away from traditional PCs. Because of IDC's report, many people have predicted that Microsoft's Windows business will fall sharply. Chris Suh, head of Microsoft's investor relations, explained why Windows revenues have not fallen as much as the PC market. He said that Surface Pro and Surface RT sales, as well as volume product licensing, let Microsoft and The performance of the overall PC market is different. Although the sales of the Surface may not be high, it is enough to offset the impact of the decline in traditional PC sales to Microsoft. In fact, IDC did not calculate sales data for Windows tablets in the report. There is no disclosure of Surface sales data. Chris · Xu said that Microsoft's volume licensing business revenue this year will reach 4 billion US dollars. Microsoft's sales team and third-party retailers, the company to sell the Windows license for several years of contract. These contracts have reduced the impact of PC shipment declines on company performance. The good news for Microsoft is that the company's business is diversifying. Microsoft's server and tools division revenues are up 11% year-on-year, in line with US GAAP. Business unit revenues increased by 5% year-on-year. Microsoft shares fell $0.03 on Nasdaq regular trading on Thursday. At $28.79, the decline was 0.12%. At the time of writing, Microsoft's share price rose by $0.61 in the after-hours trading, or 2.12%, to close at $29.40. In the past 52 weeks, Microsoft's highest share price was $32.89, the lowest share price. At $26.26, this year, Microsoft’s share price has risen to 7.8%.
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