President Barack Obama and First Lady Michelle Obama embrace Vice President Joe Biden and Dr. Jill Biden moments after the television networks called the election in their favor. Photo by Pete Souza, White House. President Barack Obama won the 2012 Presidential election. According to major news outlets, he captured 303 electoral college votes, and won important battleground states like Ohio and Florida. Obama will begin his second-term in office when he is sworn in at a public ceremony taking place on January 21, 2013. Learn more about the President and the inauguration .