Boston, MA 01/31/2014 (wallstreetpr) – Microsoft Corporation (NASDAQ:MSFT) has posted its Q2 results which according to many analysts consists of more positives that should set the company on an upward trend in the market. Compared with other tech company, Microsoft is one among the few to post increased revenues totaling $24.5 billion, this is an n increase of 154% compared to the same quarter a year ago. Microsoft net profit stood at $6.6 billion still an increase of 3% compared to the same quarter of the last financial year of $6.4 billion. This should be good news to shareholders as they continue to receive good value of invested cash.
Microsoft Corporation (NASDAQ:MSFT) earnings per share stood at 0.78 an up from $0.76 same quarter a year ago, the company operating income grew from $7.8 billion to $8 billion as the company continues to grow in the market with its new innovations and products. This has essentially made the company declare a dividend income of $0.28 per each common share held which represents an increase of over 21% compared to the last financial year. The company revenue collection comes mainly from two segments namely devices and consumer and commercial segments
Microsoft Corporation (NASDAQ:MSFT) devices and consumer segment includes divisions like Licensing and Hardware among others. This segment collectively contributed a total revenue collection of $12 billion which represents an increase of 13% to the previous mark of $10.5 billion. One of the major drawbacks lay on the fact that Gross profit recorded a decline of 14% from the $6.8 billion mark in the previous quarter to $5.8 billion with margins dropping from 64.5% to 49%. The favorable results in the second quarter could make Microsoft shares reach a 52 week high in the coming weeks. The company was able to repurchase $2.1 billion worth of common shares during the period.
