Microsoft Corporation reported unaudited consolidated earnings results for second quarter and six months ended December 31, 2012. For the quarter, the company's revenue was $21,456 million against $20,885 million a year ago. Operating income was $7,771 million against $7,994 million a year ago. Income before income tax was $7,770 million against $8,239 million a year ago. Net income was $6,377 million or $0.76 per diluted share against $6,624 million or $0.78 per diluted share a year ago. Net cash from operations was $4,780 million against $5,862 million a year ago. Additions to property and equipment were $930 million against $498 million a year ago. Non-GAAP revenue was $22,002 million, operating income of $8,317 million and diluted EPS of $0.81.

For the six months, the company's revenue was $37,464 million against $38,257 million a year ago. Operating income was $13,079 million against $15,197 million a year ago. Income before income tax was $13,304 million against $15,545 million a year ago. Net income was $10,843 million or $1.28 per diluted share against $12,362 million or $1.46 per diluted share a year ago. Net cash from operations was $13,264 million against $14,355 million a year ago. Additions to property and equipment were $1,533 million against $934 million a year ago.

The company expects effective tax rate to be 17% to 20% for the full fiscal year, and expects capital expenditures to be about $3.5 billion for the full fiscal year.