QUARTERLY INFORMATION (UNAUDITED)

12 Months Ended

Jun. 30, 2014

QUARTERLY INFORMATION (UNAUDITED)

NOTE 22 — QUARTERLY INFORMATION (UNAUDITED)

(In millions, except per share amounts)
Quarter Ended	September 30	December 31	March 31		June 30	(a)	Total	(a)
Fiscal Year 2014
Revenue	$  18,529	$  24,519	$  20,403		$  23,382		$  86,833
Gross margin	13,415	16,235	14,462		15,787		59,899
Net income	5,244	6,558	5,660		4,612	(b)	22,074	(b)
Basic earnings per share	0.63	0.79	0.68		0.56		2.66
Diluted earnings per share	0.62	0.78	0.68		0.55	(b)	2.63	(b)
Fiscal Year 2013
Revenue	$  16,008	$  21,456	$  20,489		$  19,896		$  77,849
Gross margin	11,840	15,764	15,702		14,294		57,600
Net income	4,466	6,377	6,055	(c)	4,965	(d)	21,863	(e)
Basic earnings per share	0.53	0.76	0.72		0.59		2.61
Diluted earnings per share	0.53	0.76	0.72	(c)	0.59	(d)	2.58	(e)

(a) NDS has been included in our consolidated results of operations starting on April 25, 2014, the date of acquisition.

(b) Includes a tax provision adjustment recorded in the fourth quarter of fiscal year 2014 related to adjustments to prior years’ liabilities for intercompany transfer pricing which decreased net income by $458 million and diluted earnings per share by $0.05.

(c) Includes a charge related to a fine imposed by the European Commission in March 2013 which decreased net income by $733 million (€561 million) and diluted earnings per share by $0.09.

(d) Includes a charge for Surface RT inventory adjustments recorded in the fourth quarter of fiscal year 2013, which decreased net income by $596 million and diluted earnings per share by $0.07.

(e) Includes a charge related to a fine imposed by the European Commission in March 2013 which decreased net income by $733 million (€561 million) and diluted earnings per share by $0.09. Also includes a charge for Surface RT inventory adjustments recorded in the fourth quarter of fiscal year 2013, which decreased net income by $596 million and diluted earnings per share by $0.07.