The company lost $3.2 billion in the last quarter to close out their fiscal year $5.7 billion in the red.

It was the fifth straight quarter that the company has failed to make (well really, keep) a dime. Worse, it was the fourth straight year the company has lost money overall.

And this year was the worst in the company’s 66-year history. Ouch.

In the coming year, they project to turn a (small) profit once again. We’ll see… Something not in their favor:

In November of last year, Sony projected that the total loss for the fiscal year would come in around $1 billion. In February, after a disastrous quarter, they changed the estimate to $2.9 billion.

The actual number ended up just about double that.

Sony clearly thought they could right the ship. But they have not. They lost more last quarter than they were projecting just three months ago that they would lose for the whole year.

Could have been worse though — could have been the $6.5 billion yearly loss the company warned about a few weeks ago. Some bright side.

Continuing on the Apple margin kick, this is arguably the craziest thing: as Horace Dediu points out, Apple’s operating margin was so high last quarter that it surpassed the margin of both Google and Microsoft.

As a reminder, Apple is (mainly) a hardware company while Google is (mainly) an advertising company and Microsoft is (mainly) a software company. That is not supposed to happen.

By now you’ve seen the numbers. Just in case, the keys:

Revenue: $39.2 billion

Profit: $11.6 billion

iPhones: 35.1 million

iPads: 11.8 million

Macs: 4 million

iPods: 7.7 million

The first stand-out number is the 35 million iPhones sold. Before last quarter’s insane 37 million sold, 20 million had been the previous record. Hard to fathom that Apple almost matched their record this quarter (which was a non-holiday quarter and a week shorter than last quarter).

But the real stand-out is the 47.4 percent gross margin Apple hit for the quarter. When they were at 44 percent last quarter, company executives went out of their way to note that they probably wouldn’t hit that type of margin again. Instead, they shot past it.

The reason is likely because the iPhone accounted for a larger portion of Apple’s revenues since the new iPad was only on sale for a couple of weeks last quarter (and older iPad sales dipped leading up to the new one). The iPad has a worse (but still very healthy) margin than the iPhone. 

In other words, it would be hard to imagine the margin continuing to rise. 50 percent sounds impossible. But then again, 47 percent sounded impossible. 

Overall, a good quarter for Microsoft. Revenue was up 6% year-to-year thanks largely to the Server & Tools Division and the Business Division (read: Office). 

In other words, the quarter was driven by the enterprise side of the company.

Windows growth was up only slightly (4%), but that’s probably to be expected as Windows 8 nears. And Microsoft specifically called out the strong enterprise growth there as well.

On the full-on consumer side of things… the Entertainment & Devices Division (read: Xbox) saw revenue decrease 16% year-to-year. That’s not good. While Xbox was the top-selling console for the 15th straight month, the company cited a “soft gaming console market”.

For the quarter, the division actually swung to a loss — $229 million in the red.

A new Xbox can’t come soon enough for the company. And it’s not gonna happen until next year. 

But hands-down the best part of the release is this:

The Online Services Division reported revenue of $707 million, a 6% increase from the prior year period, and operating loss improvement of approximately $300 million.

“Operating loss improvement”. That’s one way to put it. 

In English, the Online Services Division continues to bleed: it lost $479 million last quarter. An improvement, yes — but mostly thanks to less costs. Revenues were only up $40 million. 

The division has not posted a profit since 2005.

Update: While Microsoft has set up a Windows Phone Division, for financial purposes, the devices are reported under the Entertainment & Devices Division (but the numbers aren’t broken out). It’s certainly possible that high Windows Phone costs contributed greatly to the E&D loss.

Update 2: As Mary Jo Foley points out, it was indeed the greatly depressed Xbox 360 sales that led to the loss.

Remember back in October when after a rare “miss” by Apple (which was only a miss because analysts are stupid and lazy), the early signs pointed to the potential of a $40 billion quarter? Some thought that was insane given that Apple had never even had a $30 billion quarter before. Well, turns out that projection was a little insane — insanely low.

Try a $46.33 billion quarter.

It’s a number so insane that it even destroys the $42.76 billion blow-out “whisper” number.

As for the early projections of 34 million iPhones sold — which again, some people thought were crazy — also low. Try 37 million.

But hey, Android is winning, right?

As for the other numbers. 15.43 million iPads. A record. 5.2 million Macs. A record. 15.4 million iPods. Not a record, but no surprise — this is the age of the iPhone.

Net quarterly profit was $13.06 billion. Again, holy shit.

That stock you were an idiot for selling after aforementioned “miss”? Up 10% now in after-hours trading, well past $460 a share. By far an all-time high, pushing Apple’s market cap well past $400 billion. 

Apple now has $97.6 billion in cash.

I’ll be listening to the call at 2PM PT and posting some follow-up thoughts on TechCrunch. Stay tuned.