Microsoft Windows, Surface, Cloud Bring Home the Bacon in FY18 Q1
Microsoft has posted the company’s earnings report for the first quarter of the fiscal year 2018, revealing substantial increases in almost every unit, with particularly strong performance for cloud, Windows, and Surface.
Specifically, Microsoft reported a total of $24.538 billion in revenue for the quarter, and this represents a 12 percent increase from $21.928 billion at the end of the same period a year ago. Additionally, the company’s operating income improved 15 percent to $7.7 billion, while the net income reached $6.6 billion thanks to a 16 percent increase.
When it comes to each division, in particular, the Productivity and Business Processes unit performed strong and returned $8.2 billion in revenue, up 28 percent year-over-year. Office and cloud revenue itself increased 10 percent, with Office 365 alone increasing revenue by 42 percent in the commercial biz.