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Microsoft reports $24.52B in Q2 revenue, 7.4M Xbox consoles sold

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Microsoft reported record revenue earnings today for the company's second quarter, with $24.52 billion in net revenue and $6.56 billion in net income.

During the quarter, which ended Dec. 31, Microsoft sold 3.9 million Xbox One consoles and 3.5 million Xbox 360 consoles, the company said.

Microsoft saw double digit growth in its Devices and Consumer division, with revenue growing 13 percent to $11.91 billion. The division includes the company's Xbox business, Surface, Windows Phone and more.

"Our Commercial segment continues to outpace the overall market, and our Devices and Consumer segment had a great holiday quarter," said Steve Ballmer, chief executive officer at Microsoft, in a release. "The investments we are making in devices and services that deliver high-value experiences to our customers, and the work we are doing with our partners, are driving strong results and positioning us well for long-term growth."

During the same quarter last year, Microsoft announced a 29 percent drop in Xbox 360 platform revenue on a year-over-year basis, posting $21.46 billion in net revenue.