Announcing TechWeek

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Announcing TechWeek

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Shares of Microsoft slip; company earns 71 cents a share – USA TODAY

USA TODAY
SAN MATEO, Calif. — Microsoft shares dipped slightly Monday after the software juggernaut reported a spike in revenue and profits in line with analyst estimates. The company rang up $26.5 billion in second-quarter revenue, compared with $24.5 billion a …
Microsoft finds foothold in hardware as Surface, Lumia sales soarCNET
Microsoft Sales, Profit Beat Estimates on Cloud Growth, XboxBusinessweek
Microsoft Faces Stiff Mobile ChallengeTechCrunch
Wall Street Journal -ZDNet -Mashable
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Facebook Is Testing A Simple App For Low-End Android Phones – TechCrunch

TechCrunch
TechCrunch understands that the app was quietly launched in a handful of countries in Asia and Africa over the weekend — Bangladesh, Nepal, Nigeria, South Africa, Sudan, Sri Lanka, Vietnam and Zimbabwe to be precise — where it is being testing with a …
Facebook ‘Lite’ App Targets Emerging MarketsPC Magazine
Facebook Releases New ‘Lite’ App That Uses Less DataABC News
Facebook’s Lite App Is A Version Of The Social Network Aimed At Emerging …Fast Company
Wired -Silicon Valley Business Journal -SlashGear
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Microsoft cloud and devices momentum highlights second quarter results

Earnings FY15 Q2

Commercial cloud revenue grows triple-digits for the sixth consecutive quarter, reaching an annualized revenue run rate of $5.5 billion.

REDMOND, Wash. — January 26, 2015 — Microsoft Corp. today announced revenue of $26.5 billion for the quarter ended December 31, 2014. Gross margin, operating income, and diluted earnings per share (“EPS”) for the quarter were $16.3 billion, $7.8 billion, and $0.71 per share, respectively.

These financial results include $243 million of integration and restructuring expenses, or a $0.02 per share negative impact, related to both Microsoft’s restructuring plan announced in July 2014 and the ongoing integration of the Nokia Devices and Services (“NDS”) business. There is also a $0.04 per share negative impact related to income tax expense resulting from an IRS audit adjustment.

Microsoft also announced its intention to complete the existing $40 billion share repurchase authorization by December 31, 2016.

The following table notes the impact of the integration and restructuring expenses on the company’s financial performance (“Noted Items”). This financial information is provided to aid investors in better understanding the company’s performance. All growth comparisons relate to the corresponding period in the last fiscal year.

“Microsoft is continuing to transform, executing against our strategic priorities and extending our cloud leadership,” said Satya Nadella, chief executive officer of Microsoft. “We are taking bold steps forward across our business, and specifically with Windows 10, to deliver new experiences, new categories, and new opportunities to our customers.”

“We remain disciplined in our approach to operational and execution excellence, balanced with investments that drive meaningful growth for the business while increasing capital return to shareholders,” said Amy Hood, executive vice president and chief financial officer of Microsoft.

Devices and Consumer revenue grew 8% to $12.9 billion, with the following business highlights:

Surface revenue of $1.1 billion, up 24%, driven by Surface Pro 3 and accessories
Office 365 Home and Personal subscribers increased to over 9.2 million, up 30% sequentially over prior quarter
Search advertising revenue grew 23%, with Bing U.S. market share at 19.7%, up 150 basis points over prior year
Xbox console sales totaled 6.6 million units, with strong holiday season performance
Phone Hardware revenue of $2.3 billion, with 10.5 million Lumia units sold driven by growth in affordable smartphones
Windows OEM Pro revenue declined 13%; revenue was impacted by the business PC market and Pro mix returning to pre-Windows XP end of support levels and by new lower-priced licenses for devices sold to academic customers
Windows OEM non-Pro revenue declined 13%, with license growth from opening price point devices

Commercial revenue grew 5% to $13.3 billion, with the following business highlights:

Commercial cloud revenue grew 114% driven by Office 365, Azure and Dynamic CRM Online, and is now on an annualized revenue run rate of $5.5 billion
Office Commercial products and services revenue declined 1%; transactional revenue was impacted by the continued transition to Office 365 and declines in commercial PCs following the XP refresh cycle
Server products and services revenue grew 9%, with double-digit growth of SQL Server and System Center
Windows volume licensing revenue increased by 3%, with annuity revenue growth partially offset by …read more

Google’s Wireless Service: sooner than later – SlashGear

SlashGear
While Google hasn’t said anything about a supposed WiFi and Cellular service as of yet, rumors surrounding such a move have been popping up for years. Today we’ve seen word of Google dealing with both Sprint and T-Mobile USA to create a wireless …
Cablevision sets sights on mobile carriers with Wi-Fi-only serviceCNET
Google’s Wireless Service Taps WiFi And CellularInformationWeek
Google’s Upcoming Wireless Service Taps WiFi & CellularFrontline Desk
Forbes -TIME -Fast Company
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Analyst Says Apple Watch Release Date Will Be in March – Rush Times

Rush Times
Analyst Says Apple Watch Release Date Will Be in March A respected market analyst well-known for his accurate reports on Apple’s product roadmap and future plans said today that the Apple Watch, which was launched way back in September 2014, will …
Apple analysts predict another record quarter for iPhone sales, but all eyes are …Washington Post (blog)
Apple’s slimmest MacBook Air yet launching by the end of MarchBGR
2015 MacBook Air Release Rumor Points to Early 2015Gotta Be Mobile
CIO New Zealand
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Facebook Releases New ‘Lite’ App That Uses Less Data – ABC News

ABC News
Facebook’s data-hungry mobile app is now available in a slimmed down size and is being targeted to Android users in emerging markets. Taking up just 252 KB, the Facebook Lite app is designed to work efficiently on a 2G network and areas with limited …
Facebook’s Lite App Is A Version Of The Social Network Aimed At Emerging …Fast Company
Facebook Launches ‘Lite’ App for Users in the Developing WorldWired
‘Facebook Lite’ App Targets Users in Sudan, Sri LankaNBCNews.com
ValueWalk -The American Bazaar -New Vision
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Apple Shares Ahead Of Earnings Fail To Reflect Possible iPhone Sales Jump … – Forbes

Forbes
The weekend headlines suggested that iPhone sales for the past quarter may have been much stronger than expected, but Monday’s price action shows that investors are taking such news with a grain of salt. Shares of Apple Apple (AAPL) normally move at a …
Analysts: Apple Is Selling More iPhones In China Than In The U.S.Fast Company
China likely to top US for Apple iPhone salesCNET
Apple Reportedly Selling More iPhones in China Than in USTIME
Montreal Gazette -Belfast Telegraph -Barron’s (blog)
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Nexus 6 would have had a fingerprint reader, but Apple RUINED IT ALL – The Register

The Register
‘Linus Torvalds is UNFIT for the WORKPLACE!’ And you’ve given the world what, exactly? Nope. That’s not our FAKE BOMB say Oz spooks and cops · Drinking to forget? OK. But first, eat a curry… QUICK! Wizard of Oz OFFICIALLY ‘most significant movie’ …
It’s Apple’s fault Nexus 6 has no fingerprint sensor, ex-CEO saysCNET
Fingerprint sensor for Google’s Nexus 6 was nixed after Apple bought AuthenTecApple Insider
Blame Apple for the Nexus 6’s missing fingerprint sensorSlashGear
PCWorld -BGR -Headlines & Global News
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Analysts: Apple Is Selling More iPhones In China Than In The U.S. – Fast Company

Fast Company
Tim Cook has been outspoken about his belief that China will one day overtake the U.S. in Apple sales, and ahead of Apple’s earnings call tomorrow, analysts are predicting that he’s been proven right. Analysts at Swiss investment banking firm UBS say that …
China likely to top US for Apple iPhone salesCNET
Apple Reportedly Selling More iPhones in China Than in USTIME
Apple Inc investors focused on iPhone sales as margins to take currency hitMontreal Gazette
The Independent -Barron’s (blog) -ZDNet
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Apple Watch to go on sale in March, claims analyst – PC Advisor

PC Advisor
The Apple Watch will go on sale in March, and though component shortages may be an issue, about 5 million of the devices are likely to be sold in the first quarter, according to KGI Securities analyst Ming Chi Kuo.
2015 MacBook Air Release Rumor Points to Early 2015Gotta Be Mobile
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