This afternoon, Microsoft announced record first quarter revenue for its fiscal year 2015 which ended September 30. Revenue was up 25% year-over-year, and came in at $23.2 billion. Gross margin was up 12% year-over-year at $14.9 billion. As a percentage, Gross Margin was down however, which resulted in a lower operating income of $5.8 billion, which is down 8% from last year. Net income came in at $4.5 billion, which is down 13% from 2013. Because of this, earnings per share also slipped to $0.55 per share, down from $0.63 a year ago. Microsoft Q1 2015 Financial Results (GAAP) Q1'2015 Q4'2014 Q1'2014 Revenue (in Billions USD) $23.201 $23.382 $18.529 Operating Income (in Billions USD) $5.844 $6.482 $6.334 Gross Margin (in Billions USD) $14.928 $15.787 $13.384 Net Income (in Billions USD) $4.540 $4.612 $5.244 Margins 64.3% 67.5% 72.2% Basic Earnings per Share (in USD) $0.55 $0.55 $0.63 Microsoft breaks their product and services...
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