Microsoft revealed its fourth quarter 2014 and full-year 2014 results for the period ending June 30th, 2014. The company said that it saw revenues of $86.8 billion for 2014, up from $77.8 billion law year.
Microsoft recorded operating income of $27.76 billion for the year, up from $26.76 billion last year. For the fourth quarter, it saw operating income of $6.4 billion, up from $6 billion in the same period a year ago. The quarter was dragged down by a $692 million loss associated with the phone business it acquired when it bought Nokia. Revenue from cloud services and Windows helped offset much of the loss.
The Computing and Gaming Hardware division (which contains the Xbox and Surface tablet hardware businesses), saw quarterly revenue of $1.4 billion, a slight increase from $1.1 billion in the same quarter of 2013, and $9.6 billion for the year, up from $6.4 billion the year prior.
The company said that it shipped 1.1 million units of Xbox hardware (which includes Xbox 360 and Xbox One) to retailers during the quarter, a year-on-year gain of around 100,000 units despite having a new system on the market.
Overall, shipments of both of its Xbox consoles added up to 11.7 million units in 2014. The Xbox One was on sale for more than half of the fiscal year, having launched on November 22 in North America, parts of Europe, and other territories.
While the Xbox One was released as a sand-alone SKU without the Kinect, that didn't happen until the very end of the quarter - which means we won't know the effects of it until the next quarter.