Panasonic shows micro color splitters that double up image sensor acuity

Panasonic has developed a new type of imaging sensor that gets more photons where they need to be by foregoing the use of conventional CMOS debayering filters. Those can reduce sensor effectiveness by blocking 50 to 70 percent of the light, so researchers developed “micro color splitters” to do the job instead, which can separate hues microscopically using refraction. They did it by taking advantage of wave optic principals to create a new type of electronic “deflector” that can analyze and separate light wave frequencies much faster than previous methods. There’s almost no loss of light during the process, and such devices can be made using conventional semiconductor fabricating techniques, too. There’s no timetable for commercializing the tech, but Panasonic holds 21 domestic and 16 overseas patents on it — meaning it’s likely not just a science project . Filed under: Cameras , Science , Alt Comments Via: Computerworld Source: Panasonic

More:
Panasonic shows micro color splitters that double up image sensor acuity

Fujitsu speeds up internet transmissions, declares war on buffering

Fujitsu’s engineers, bored of waiting for their movies to download, have cooked up a new data transfer protocol that promises to be 30 times faster than current speeds. Using a proprietary tweak of user datagram protocol (UDP), the software examines the available bandwidth and only uses the optimal amount, rather than trying to load the pipe with more than it can handle. The science, however, lies in its ability to distinguish between packets that haven’t arrived and those which are lost — and only resending the latter. It’s hoping to commercialize the software at some point this year, so if your Skype chats suddenly get a lot less laggy , you know who to blame. Show full PR text Fujitsu Develops New Data Transfer Protocol Enabling Improved Transmissions Speeds Software-only approach enables over 30 times improvement in file transfer speeds between Japan and the US, reduces virtual desktop operating latency to less than 1/6 of previous levels Kawasaki, Japan, January 29, 2013 – Fujitsu Laboratories Limited today announced the development of a new data transfer protocol that, by taking a software-only approach, can significantly improve the performance of file transfers, virtual desktops and other various communications applications. Conventionally, when using transmission control protocol (TCP)(1)-the standard protocol employed in communications applications-in a low-quality communications environment, such as when connected to a wireless network or during times of line congestion, data loss (packet loss) can occur, leading to significant drops in transmission performance due to increased latency from having to retransmit data. To address this problem, Fujitsu Laboratories has succeeded at a software-only approach, developing: 1) A new protocol that incorporates an efficient proprietarily developed retransmission method based on user datagram protocol (UDP)(2), an optimized way to deliver streaming media able to reduce latency resulting from data retransmission when packet loss occurs; 2) Control technology that addresses the problem of UDP transmissions consuming excess bandwidth by performing a real-time measurement of available network bandwidth and securing an optimal amount of communications bandwidth without overwhelming TCP’s share of the bandwidth; and 3) Technology that, by employing the new protocol, makes it possible to easily speed up existing TCP applications without having to modify them. Through a simple software installation, the new technology will make it possible to speed up TCP applications that previously required costly specialized hardware, and it can also be easily incorporated into mobile devices and other kinds of equipment. Moreover, compared with TCP, the technology enables a greater than 30 times improvement in file transfer speeds between Japan and the US, in addition to reducing virtual desktop operating latency to less than 1/6 of previous levels. This, in turn, is expected to make it easier to take advantage of various applications employing international communication lines and wireless networks which are anticipated to become increasingly widespread. Background With the increased popularity of mobile devices and cloud services in recent years, a wide range of applications have begun to utilize communications capabilities. In many applications, such as file transfer, virtual desktop, and other communications applications, TCP is employed as a standard communications protocol. One issue with TCP is that data loss (packet loss) can occur in low-quality communications environments, resulting in significant drops in transmission performance (reduced throughput and higher latency) due to increased latency from having to retransmit data. In the future, it is expected that there will be greater opportunities to take advantage of international communications lines and wireless networks, making it necessary to ensure that transmission performance does not drop even when connected to a low-quality communications environment. Technological Challenges Currently, one well-known method of speeding up application transmission speeds in low-quality communications environments is to employ specialized acceleration hardware. This kind of specialized equipment, however, is expensive and bulky, making it difficult to incorporate into mobile devices. High-speed transmission methods for transferring files using software-based acceleration also exist, but to support a variety of existing TCP applications using these methods, it has been necessary to make modifications to the traffic processing components of each application. Newly Developed Technology By developing a proprietary software-based transfer protocol, Fujitsu Laboratories has succeeded in significantly improving the throughput and operating latency of existing TCP applications. Key features of the new technology are as follows: 1) New protocol improves throughput and latency in low-quality communications environments Fujitsu has developed a new protocol that incorporates a proprietarily developed and efficient retransmission method based on UDP, a protocol optimized for delivering streaming media. As a result, the new protocol is able to reduce latency resulting from data retransmission when packet loss occurs. The protocol can quickly distinguish between lost packets and packets that have not yet arrived at their destination, thereby preventing unnecessary retransmissions and latency from occurring. By incorporating the new protocol as a software add-on to UDP, it is possible to maintain the high speeds typical of UDP while avoiding packet loss and packets being sent in reverse order, UDP’s main weaknesses. This, in turn, has enabled improvements in packet delivery and latency. In a comparison with standard TCP, the new protocol achieved a throughput increase of over 30 times during a simulated file transfer between Japan and the US, and operating packet delivery latency was reduced to less than 1/6 of previous levels. 2) Communications bandwidth control technology using real-time measurement of available network bandwidth Fujitsu Laboratories developed a control technology that, by performing real-time measurement of available network bandwidth, can secure an optimal amount of communications bandwidth without overwhelming the share of bandwidth used by other TCP communications in a mixed TCP environment. For example, when other TCP communications are using relatively little bandwidth, the bandwidth share for the new protocol will increase, and when other TCP communications are taking up a higher percentage of bandwidth, the new protocol will use a smaller share. 3) Technology for accelerating existing TCP applications without any modifications Fujitsu Laboratories has developed a technology that automatically converts TCP traffic standard for a wide variety of applications into the new protocol described in (1) above. This makes it possible to significantly improve the speed of a host of existing applications, including file transfer applications, virtual desktop applications, and web browsing applications, all without the need for any modifications. Results The use of the new technology is expected to speed up the performance of a wide range of communications applications employing international communication lines and wireless networks which are anticipated to become widely used more and more. For instance, the technology can help speed up web browsing and file download speeds in mobile communications environments where there is deterioration due to building obstructions or movement. In addition, the technology can improve data transfer speeds between datacenters in Japan and the US. It is also expected to help improve the usability of virtual desktops when accessing a virtual desktop located on a remote server using a low-quality communications environment (Figure 2). Future Development During fiscal 2013, Fujitsu Laboratories aims to commercialize the new technology as a communications middleware solution for improving communications speeds without having to modify existing TCP applications. Filed under: Networking , Internet Comments

See original article:
Fujitsu speeds up internet transmissions, declares war on buffering

River Thames to bathe in upgraded long-distance WiFi

Not that a view over the Thames ever gets old, but commuters should soon find it a bit easier to check their inboxes while they’re on or next to the water. Californian WiFi specialist Ruckus says that its wireless steering technology — which increases network range by up to 4x by directing signals around obstacles and interference — has just been picked for an upgrade to BT’s Thames WiFi service. The new “carrier-grade” equipment should be activated within the next couple of months and will stretch out along the full 27 meandering miles of river that are already covered by traditional antennas . With better hotspot access spreading across the Tube network , black cabs and now the water, EE ‘s central London LTE service will have even more to prove in terms of raw speed . [Image credit: Getty Images] Show full PR text Global Reach Technology Selects Ruckus to Bring Smarter, High Capacity Wi-Fi to Users on Land and Water within the UK Smart Wi-Fi Enables High-Speed Wi-Fi Access for Millions of Passengers Along 27 Miles of the Thames River and Reliable Public Wi-Fi Access in Leeds and Bradford LONDON, ENGLAND (UK) and SUNNYVALE, CA – January 28, 2013 – Ruckus Wireless, Inc. (NYSE: RKUS) today announced that Global Reach Technology Ltd., an innovative supplier of Wi-Fi, cloud- and IP-based policy management services, has selected its ZoneFlex[TM] Smart Wi-Fi system for a number of high profile Wi-Fi projects in the UK that address the explosive demand for reliable, high-speed data access in densely trafficked areas around the city. Global Reach has deployed carrier-grade Ruckus Smart Wi-Fi indoor and outdoor ZoneFlex products for its public hotspot infrastructure along 44km (27 miles) of the River Thames and onboard Thames Clippers London River Ferries to support more than 30 million people accessing the river each year. In addition to providing public Wi-Fi access through its own Thames Wi-Fi hot zone branded service, planned for Q1 2013, Global Reach is leveraging its high capacity infrastructure to offer wholesale and international roaming services across the 27 miles of river coverage. British Telecommunications plc (BT) gives public Wi-Fi access free of charge to all its BT Broadband subscribers via the white-labeled Global Reach service to the Thames River network, while the Transport for London (TFL) authority is using the Wi-Fi infrastructure for private services such as real-time location-based information, tracking boats, network monitoring, timetables, CCTV surveillance and other services. In addition, Global Reach has selected Ruckus Smart Wi-Fi as the standard underlying technology for the City Wi-Fi services it provides for Virgin Media Business in both Leeds and Bradford. Carrier-Grade Wi-Fi Solutions with a difference Global Reach has established a unique position in the market, offering a total managed infrastructure solution coupled with a complete portfolio of value-added network services such as key data on network monitoring, management information systems and customer usage behavior; architecture planning; security; content portal capabilities and gateway functions, and sophisticated policy management. For mobile network operators and service providers, Global Reach provides bespoke wireless infrastructure and services. Additionally, its policy engine provides seamless and secure 3/4G off load to manage customer’s traffic and eCRM, including content filtering, lawful intercept, bandwidth shaping, port and website blocking. Intuitive dashboards allow operators to manage their infrastructure as well as the end user customer experience with complete visibility and precision. “To effectively deal with the demands and capacity required to deliver service on this scale, we needed a carrier-grade Wi-Fi network in which our customers could have complete confidence,” said Nigel Wesley, Chief Executive Officer for Global Reach Technology. “At the end of the day, customers don’t really care about how the infrastructure works – they simply want a fast, reliable and affordable Wi-Fi experience that’s easy to access and use. That’s precisely what we’re delivering with Ruckus.” Wesley noted that while providing a reliable Wi-Fi experience in the UK is no easy task, operators are looking for value beyond vanilla connectivity. “Global Reach has developed a different model that not only delivers a carrier-grade Wi-Fi infrastructure at a much lower cost, we are also reducing the time to market for service providers and enterprise customers, allowing them to focus on monetization and bringing value to the subscriber experience.” Smarter Wi-Fi on the Water Global Reach’s Smart Wi-Fi network is one of the world’s largest outdoor mesh deployments along a key transport artery weaving through the UK’s capital. Four million people travel on the Thames Clippers river ferries every year, with millions more living and working along the riverbank, offices, hotels, cafes and tourist locations. Global Reach has used new Ruckus ZoneFlex 7782-N, carrier-class 2.4/5 GHz 802.11n outdoor access points (APs) to deploy at main piers crisscrossing the Thames River. 24 Thames Clippers London river ferries are being equipped with ZoneFlex 7363 802.11n indoor dual-band Smart Wi-Fi access points, along with 3G backhaul and ZoneDirector controllers at the Global Reach network operation centers, to provide centralized administration and remote management. “While we are fundamentally hardware agnostic, we are building carrier-quality Wi-Fi networks that mandate carrier-quality equipment,” said Chris Spencer, Chief Technology Officer for Global Reach. “With its adaptive antenna structure and high-capacity designs, Ruckus has clearly differentiated itself by delivering among the most reliable systems on the market that are distinctly designed for carriers. With the kit we’ve seen a significant increase in the signal strength as well as the number of concurrent users and sessions we are able to support at any one given time.” City Wi-Fi in Leeds and Bradford for Virgin Media Business In Leeds and Bradford, Ruckus ZoneFlex 7762 outdoor dual-band 802.11n APs are being deployed on street furniture by Global Reach to provide a completely free City Wi-Fi service that is open to everyone. Global Reach manages and operates the network for Virgin Media Business, building on a partnership that was originally formed for the rollout of the acclaimed London Underground Wi-Fi service. “There is a massive wireless land grab taking place all over the UK,” concludes Wesley. “The super-connected city initiative means a great deal for places like Leeds and Bradford as they focus on growth and regeneration for local businesses, visitors and residents. The Wi-Fi networks we are building are great examples of projects that are making the vision of super-connected cities a reality and enabling future prosperity and innovation.” Filed under: Transportation , Wireless , Internet , Mobile Comments

View post:
River Thames to bathe in upgraded long-distance WiFi

Stanford seizes 1 million processing cores to study supersonic noise

In short order, the Sequoia supercomputer and its 1.57 million processing cores will transition to a life of top-secret analysis at the National Nuclear Security Administration, but until that day comes, researchers are currently working to ensure its seamless operation. Most recently, a team from Stanford took the helm of Sequoia to run computational fluid dynamics simulations — a process that requires a finely tuned balance of computation, memory and communication components — in order to better understand engine noise from supersonic jets. As an encouraging sign, the team was able to successfully push the CFD simulation beyond 1 million cores, which is a first of its kind and bodes very well for the scalability of the system. This and other tests are currently being performed on Sequoia as part of its “shakeout” period, which allows its caretakers to better understand the capabilities of the IBM BlueGene/Q computer. Should all go well, Sequoia is scheduled to begin a life of government work in March. In the meantime, you’ll find a couple views of the setup after the break. Filed under: Science Comments Via: TechCrunch , EurekAlert Source: Stanford

Read the original:
Stanford seizes 1 million processing cores to study supersonic noise

Facebook updates iOS app with voice messages, video recordings

Facebook ‘s got a fresh update for its main iOS app, and version 5.4 has some pleasant additions coming your way. The social network is throwing in the ability to send voice messages (which has been available on Android for a little over a week, and on iOS through Messenger) and share video recordings directly through the app, and it’s also enhanced functionality in the Nearby tab as well. We’re still all waiting im patiently for Graph Search on the mobile front, but we can at least enjoy some new ways of showing the world what we’re up to. Head to the source to download the update. Filed under: Cellphones , Software , Mobile , Apple , Facebook Comments Source: Facebook

Original post:
Facebook updates iOS app with voice messages, video recordings

iOS 6.1 now available for download

The latest software update for iOS , known as 6.1, has finally become available as a free download. According to the release notes, the update adds LTE support for additional carriers (36 for iPhone, 23 for iPad), the ability to purchase movie tickets through Siri (US-only) and the opportunity for iTunes Match fans to download individual songs from iCloud. Check your device to see if it’s available — it’s hitting ours as we speak, and the press release is available below. Show full PR text Apple Updates iOS to 6.1 New Version Adds LTE Support For 36 Additional iPhone Carriers Worldwide CUPERTINO, California-January 28, 2013-Apple(R) today updated iOS to version 6.1, adding LTE capabilities to 36 additional iPhone(R) carriers and 23 additional iPad(R) carriers around the world, so even more iPhone 5, iPad mini and iPad* with Retina(R) display users can experience ultrafast wireless performance** to browse, download and stream content at blazing fast speeds. To date, iOS users have uploaded over nine billion photos to Photo Stream, sent over 450 billion iMessages and received over four trillion notifications. “iOS 6 is the world’s most advanced mobile operating system, and with nearly 300 million iPhone, iPad and iPod touch devices on iOS 6 in just five months, it may be the most popular new version of an OS in history,” said Philip Schiller, Apple’s senior vice president of Worldwide Marketing. “iOS 6.1 brings LTE support to more markets around the world, so even more users can enjoy ultrafast Safari browsing, FaceTime video calls, iCloud services, and iTunes and App Store downloads.” iOS 6 features include Siri(R), which supports more languages, easy access to sports scores, restaurant recommendations and movie listings; Maps with Apple-designed cartography, turn-by-turn navigation and Flyover view; Facebook integration for Contacts and Calendar, with the ability to post directly from Notification Center, Siri and Facebook-enabled apps; Shared Photo Streams via iCloud(R); and Passbook(R), the simplest way to get all your passes in one place. Additional updates in iOS 6.1 include the ability to use Siri to purchase movie tickets in the US through Fandango, and iTunes Match℠ subscribers can download individual songs to their iOS devices from iCloud. The revolutionary App Store℠ offers more than 800,000 apps to iPhone, iPad and iPod touch(R) users, with more than 300,000 native iPad apps. App Store customers have downloaded over 40 billion apps, and Apple has paid over seven billion dollars to its incredible developer community. Customers can choose from apps in 23 categories, including newspapers and magazines offered in Newsstand, games, business, news, sports, health & fitness and travel. Availability iOS 6.1 is available as a free software update today. iOS 6.1 is compatible with iPhone 5, iPhone 4S, iPhone 4, iPhone 3GS, iPad (third and fourth generation), iPad mini, iPad 2 and iPod touch (fourth and fifth generation). Some features may not be available on all products. For more information please visit www.apple.com. Filed under: Mobile , Apple Comments

View the original here:
iOS 6.1 now available for download

Tesla Model S dubbed ‘world’s quickest production electronic vehicle’ by NEDRA, runs 1/4 mile in 12 seconds

We already knew the Tesla Model S was fast , but not this fast . After dropping a 12.371 quarter mile this past weekend at the Palm Beach International Raceway in Florida (@ 110.84 MPH), the National Electric Drag Racing Association awarded the Tesla Model S its stamp of officiation for being “the quickest production vehicle” in quarter mile tests. That’s not just on a single pass, mind you, but several quarter mile runs over the course of a day at the track. Each pass reaffirmed a 12-second average from the 416HP electric beast — more than proficient for a 4,700-lb hulk of metal, and more than competitive against much lighter and more expensive beasts. And that’s all without internal combustion, lest you forget — the thing even gets 350 miles per charge . Drag Times attended the event and promises video in the coming days, but for now you can peep the quarter mile timeslips and read their rundown. [Photo credit: Drag Times ; Thanks Fred!] Filed under: Transportation Comments Source: Drag Times , Drag Times (2)

Original post:
Tesla Model S dubbed ‘world’s quickest production electronic vehicle’ by NEDRA, runs 1/4 mile in 12 seconds

WindowsAndroid runs Google’s mobile OS natively on the Windows kernel

Sure, you could enjoy Android on your PC through dual-booting or virtualization , but the folks at Socketeq have whipped up yet another alternative: a port of Mountain View’s mobile OS, fittingly dubbed WindowsAndroid, that runs natively on the Windows kernel (under Vista, 7 and 8) instead of Linux. Not only does the operating system run speedily since its free of virtualization chains, but it serves up the appropriate tablet or smartphone UI based on window size, and plays nice with keyboards and mice, to boot. Socketeq’s solution serves up the full Android experience, but you’ll have to separately flash the Google apps that typically come baked in, according to Android Police . Ice Cream Sandwich is the freshest flavor of Android to have undergone the kernel-replacement treatment, and it’s currently being offered as a free “first-try” download at the source. Filed under: Cellphones , Desktops , Tablets , Microsoft , Google Comments Via: Android Police Source: Socketeq

Read More:
WindowsAndroid runs Google’s mobile OS natively on the Windows kernel

PDJ Portable Disc Jockey is a complete DJ system that fits in your pocket, we go hands-on (video)

We’ll forgive the extremely nice folk behind the PDJ when they claim to have the first fully self-contained portable DJ set-up . But that’s not to say that there is nothing new here — in fact there’s plenty. The PDJ is a rectangular slab of refreshing creative optimism. On each end is a touchscreen display that shows a virtual turntable, and in the middle is a small mixing and FX section. So, already the PDJ will be familiar in set-up to any DJ who picks it up (something the Pacemaker couldn’t claim with its proprietary interface). The mixer section has rotaries for volume, FX and additional functions (more on this later). The most important thing, however, is the onboard audio interface which crucially means you can monitor in headphones before unleashing your mix onto the world. This sets it apart from pretty much every other mobile app out there that, at best, requires you to use an audio splitter (to the detriment of your sound). Of course, you’re going to need some music to play, and there’s 2GB of internal storage to let you do just that. If that’s not enough, or you want to load up your latest jams right away, there’s an SD card slot to let you do just that (up to 32GB). Beyond headphones, there’s a line out for connecting it to a sound system, and a line in and microphone jack for adding external sound to the set. The brochure claims it offers 12 hours of battery life too — rechargeable by mini USB. On the software side, the two virtual turntables respond to touch, and button controls (for cue / play / pause). In addition to the virtual turntable, there are also sample player and one-shot screens. We got out paws on the PDJ here at NAMM, so fade past the break for our impressions. Gallery: PDJ Portable DJ system hands-on At about 286 grams, the PDJ is light to hold, but sits in the hand comfortably. Your thumbs naturally find their place hovering above the virtual decks, but the unit it plenty light enough that you can hold it with one hand, while using the other for more dexterous performance manoeuvres. The rotaries and crossfader in the middle section are plastic, but feel solid enough. This is, after all, a lightweight portable device. The LCD touchscreens let you get hands on with your music, as DJs are wont to do, and it’s responsive and intuitive enough. Thankfully, most of the key functions (cue, volume, fade, loops etc) have hardware controls too. To reach the extra functionality (more in depth EQ, sample player and so on) you swipe the screen to the left or right accordingly to bring up the relevant screen. It’s in these cases when the dual-mode (rotate and click) Function A/B rotaries come in handy, and the interface for controlling these extra tricks is surprisingly natural / responsive. The PDJ makes the usual claims about being able to scratch and so on. And you can. But as with all these smaller, touch-digital devices, it’s more of a party trick than anything else. No biggie though, as the meatier features are the beat sequence and music-pad sections. These let you bring your own audio into your set, trigger samples and build beats and jams on the fly — much more suitable to a digital device such as this. While we only spent a short time with the PDJ, it’s easily one of the most fun devices that we’ve seen here at NAMM. Purists might malign the constant attempts to shrink and gameify DJing, but we say you’re thinking about it too much. Throw one of these in your bag, and the next time you’re on the train and want to mix in headphones, or find yourself at a party, the PDJ will suddenly make a lot more sense. How much and when you say? Well expect to pay about $600 for the privilege sometime around late spring or summer. Billy Steele contributed to this report. Filed under: Misc , Peripherals Comments

View article:
PDJ Portable Disc Jockey is a complete DJ system that fits in your pocket, we go hands-on (video)

Microsoft reports Q2 2013 earnings: posts record revenue of $21.5 billion, $6.38 billion profit (update)

This isn’t the end of earnings season, but this is the final member of the unholy trinity . Microsoft is reporting that during the second quarter of its 2013 financial year it set a revenue record by raking in $21.5 billion. Of that $6.38 billion was pure profit, lining shareholder’s pockets to the tune of $0.76 per share. While EPS was down year-over-year, net income was up dramatically from $5.87 billion a year ago and $5.31 billion last quarter. The Windows division accounted for roughly $5.9 billion of Redmond’s revenues, up 24 percent from a year ago, largely thanks to the release of Windows 8. That division is also home to the Surface , which still hasn’t seemed to gain much traction with consumers. Interestingly, while Windows was surging, its business division was suffering a not inconsequential drop off — seeing revenues fall 10 percent to $5.7 billion year-over-year. But the Server & Tools department also helped offset some of those declines, with revenue jumping up 9 percent to $5.19 billion. In a sign that it might be time for a bit of a console refresh, the Entertainment and Devices division saw revenues continue to sink, despite the strong holiday sales . While the $3.77 billion in revenue was a stark increase over Q1’s paltry $1.95 billion, it’s still a 7 percent fall from the same time period last year. Thankfully, its Online Services continued to grow, reaching $869 million in revenue — an 11 percent growth year-over-year, and a sign that it’s various web services aren’t sinking ships. Most notably ad revenue was up 15 percent thanks largely to an increase in revenue-per-search. Revenue growth over Q2 2012 wasn’t huge, but it was certainly notable and net income didn’t drop dramatically. And, perhaps most importantly for investors, results were pretty much inline with Wall Street expectations. It’s also worth noting that some revenue has been deferred, $1.3 billion to be exact, thanks to various upgrade offers and video game deals — though, the company did report previously deferred revenues due to pre-sales of Windows 8. There’s PR after the break but, if you want to dig through all the detailed tables of financial data you’ll have to hit up the source link. And check back in for updates when the earnings call gets under way at 5:30PM ET. Updates : 5:36PM CFO, Peter Klein says that 60 percent of computers worldwide are running Windows 7 while the company has managed to push out 60 million Windows 8 licenses. 5:40 Microsoft doesn’t seem particularly worried about the declining PC market as Windows revenues outpaced sales of x86 machines by a significant margin. 5:45 Windows Phone sales were four times what they were last year. 5:53 Microsoft stands by its story that Surface is “just one part of the Windows 8 story.” Though, it did say that it will “expand retail distribution and availability” so don’t expect the in-house slate to go quietly into that good night. Show full PR text Microsoft Reports Record Revenue of $21.5 Billion in Second Quarter Strong business demand and key product launches drive record revenue. REDMOND, Wash. – Jan. 24, 2013 – Microsoft Corp. today announced quarterly revenue of $21.46 billion for the quarter ended December 31, 2012. Operating income, net income, and diluted earnings per share for the quarter were $7.77 billion, $6.38 billion, and $0.76 per share. These financial results reflect the net deferral of revenue for the Windows Upgrade Offer, Office Upgrade Offer and Pre-sales, and the Entertainment and Devices Division Video Game Deferral, partially offset by the recognition of previously deferred revenue for Windows 8 Pre-sales. The following table reconciles these financial results reported in accordance with generally accepted accounting principles (GAAP) to non-GAAP financial results. We have provided this non-GAAP financial information to aid investors in better understanding the company’s performance. “Our big, bold ambition to reimagine Windows as well as launch Surface and Windows Phone 8 has sparked growing enthusiasm with our customers and unprecedented opportunity and creativity with our partners and developers,” said Steve Ballmer, chief executive officer at Microsoft. “With new Windows devices, including Surface Pro, and the new Office on the horizon, we’ll continue to drive excitement for the Windows ecosystem and deliver our software through devices and services people love and businesses need.” The Windows Division posted revenue of $5.88 billion, a 24% increase from the prior year period. Adjusting for the net deferral of revenue for the Windows Upgrade Offer and the recognition of the previously deferred revenue from Windows 8 Pre-sales, Windows Division non-GAAP revenue increased 11% for the second quarter. Microsoft has sold over 60 million Windows 8 licenses to date. “We saw strong growth in our enterprise business driven by multi-year commitments to the Microsoft platform, which positions us well for long-term growth,” said Peter Klein, chief financial officer at Microsoft. “Multi-year licensing revenue grew double-digits across Windows, Server & Tools, and the Microsoft Business Division.” The Server & Tools business reported $5.19 billion of revenue, a 9% increase from the prior year period, driven by double-digit percentage revenue growth in SQL Server and System Center. “We see strong momentum in our enterprise business. With the launch of SQL Server 2012 and Windows Server 2012, we continue to see healthy growth in our data platform and infrastructure businesses and win share from our competitors,” said Kevin Turner, chief operating officer at Microsoft. “With the coming launch of the new Office, we will provide a cloud-enabled suite of products that will deliver unparalleled productivity and flexibility.” The Microsoft Business Division posted $5.69 billion of revenue, a 10% decrease from the prior year period. Adjusting for the impact of the Office Upgrade Offer and Pre-sales, Microsoft Business Division non-GAAP revenue increased 3% for the second quarter. Revenue from Microsoft’s productivity server offerings – collectively including Lync, SharePoint, and Exchange – continued double-digit percentage growth. The Online Services Division reported revenue of $869 million, an 11% increase from the prior year period. Online advertising revenue grew 15% driven by an increase in revenue per search. The Entertainment and Devices Division posted revenue of $3.77 billion, a decrease of 11% from the prior year period. Adjusting for the Video Game Deferral, the division’s non-GAAP revenue decreased 2% for the second quarter. Xbox continues to be the top-selling console in the United States. During the quarter, Microsoft launched Windows Phone 8 with a broad array of carriers and devices. Business Outlook Microsoft reaffirms fiscal year 2013 operating expense guidance of $30.3 billion to $30.9 billion. Webcast Details Peter Klein, chief financial officer, Frank Brod, chief accounting officer, and Chris Suh, general manager of Investor Relations, will host a conference call and webcast at 2:30 p.m. PST (5:30 p.m. EST) today to discuss details of the company’s performance for the quarter and certain forward-looking information. The session may be accessed at http://www.microsoft.com/investor. The webcast will be available for replay through the close of business on Jan. 24, 2014. Adjusted Financial Results and Non-GAAP Measures For second quarter fiscal year 2013 GAAP revenue, operating income, and earnings per share growth included the net deferral of revenue for the Windows Upgrade Offer, the Office Upgrade Offer and Pre-sales, and the Entertainment and Devices Division Video Game Deferral, and the recognition of previously deferred revenue for Windows 8 Pre-sales. These items are defined in our Form 10-Q for the quarterly period ended December 31, 2012. In addition to these financial results reported in accordance with generally accepted accounting principles (GAAP), we have provided certain non-GAAP financial information to aid investors in better understanding the company’s performance. Presenting these measures without the impact of these items gives additional insight into operational performance and helps clarify trends affecting the company’s business. For comparability of reporting, management considers this information in conjunction with GAAP amounts in evaluating business performance. These non-GAAP financial measures should not be considered as a substitute for, or superior to, the measures of financial performance prepared in accordance with GAAP. Filed under: Misc , Microsoft Comments Source: Microsoft

Continue reading here:
Microsoft reports Q2 2013 earnings: posts record revenue of $21.5 billion, $6.38 billion profit (update)