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Microsoft Corp. MSFT
Posted On: 10/28/2013 7:10:49 PM
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Posted By: MaxShockeR

A closer look at $MSFT Q1 2014 Results


Microsoft announced a 22% increase in its quarterly dividend to 28% and $40 billion share repurchase program

Microsoft delivered record first quarter revenue. This holiday, the company will see competitive opening price points on tablets and laptops, such as the Dell Inspiron 15 for less than $300 and will also see exciting mobile devices from six inch phones to 10 inch tablets, many with Microsoft Office.

In the six inch category, Microsoft is incredibly excited by the Nokia Lumia 1520 tablet announced this past Tuesday. For eight inch tablets, Toshiba, Dell, Lenovo will have devices available for less than $300 and for 10 inch tablets; the company of course likes the Nokia Lumia 2520 with LTE.

Total revenue was up 7% to $18.6 billion and came in at about $700 million better than the company’s expectations. Without the impact of foreign exchange, revenue would have been $200 million or one percentage point better.
http://stks.co/do9Q


(posted by ViralBond )













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