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Microsoft earns $16 billion dollars in revenue for Q1 2013, has high hopes for Windows 8

Microsoft has announced its earnings for Q1 2013 in a new press release today. Microsoft has earned a total of $16.01 billion dollars in revenue for the quarter and the company has high hopes and expectations for the upcoming Windows 8 operating system.

“The launch of Windows 8 is the beginning of a new era at Microsoft. Investments we’ve made over a number of years are now coming together to create a future of exceptional devices and services, with tremendous opportunity for our customers, developers, and partners,” Microsoft’s CEO Steve Ballmer stated. Microsoft’s Windows and Windows Live Division actually dropped 33% compared to the prior period with a revenue of $3.24 billion, but Microsoft hopes to turn this figure up with the release of Windows 8. “We’re incredibly excited to be approaching general availability of Windows 8 and Windows RT. We’ve already certified more than 1,000 systems for Windows 8 from our hardware partners, ranging from the smallest tablets and convertibles to touch-enabled ultrabooks and all-in-ones to the most powerful desktop computers,” Microsoft’s COO Kevin Turner stated. Microsoft’s Entertainment and Devices Division, which features the Xbox console, saw a 1% drop compared to last period, even though the Xbox is still the number one console in the US with a 49% market share. Microsoft also has high hopes and expectations for its Windows Phone 8 platform, which launches this fall.

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