Liveblogging Microsoft Q4 Earnings: I’m So Excited and I Just Can’t Hide It
Microsoft had a solid fourth quarter, which is why the conference call with Wall Street analysts should be relatively short and sweet.
Or sweet, at least.
Microsoft reported beat expectations on profits that rose 30 percent, as well as on revenue. Of particular note were its Office, Entertainment and Devices and Servers and Tools units. Even the revenue at its perpetually money-sucking Online Services division was up 17 percent.
(You can see Microsoft’s charts and other data here, if you really want more.)
Here’s a liveblog of the call:
2:31 pm PT: Well, Microsoft investor relations dude-in-chief Bill Koefoed sounds unusually jaunty in his greeting.
And why not? The results are good for Microsoft, even a little giddy, with a lot of impressive numbers and solid launches of several products, from Xbox Kinect to Office 365 to Bing, the very pricey but pretty search service.
Next up is CFO Peter Klein, who also sounds like this particular call is a relief.
He talks about the results a bit, most of which are up.
“In summary, we are pleased,” says Klein about the quarter and the year. He also notes that he is “excited.”
It’s party time in Redmond!
2:38 pm: Peppy Bill is back, going through the numbers. Solid!
Klein then moves onto the future and he remains “excited.”
Now, it is onto Q&A from the analysts.
This is where I zone out a little and start to wonder if a doughnut is a wise choice for an afternoon tasty treat.
That would make me “excited.”
Lots of congrats, which only makes me hungrier. One analyst asks why it was so much stronger than expected.
Klein: The economy has improved, businesses are expanding, peeps love them some cloud.
There is a question about how the troubled Yahoo search partnership is going. Klein promises some improvement by the end of the year.
But it is quickly back to happy, with a question about the strength of Xbox and its subscribers.
“It’s fantastic,” says Klein.
Like I said, sweeeeeeet.