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.

Office consumer products improved as well during the quarter, growing 12 percent year-over-year a… (read more)

Source link

Remember to like our Facebook and follow us on Twitter @iOSMode for a chance to win a free iPad Pro every month!

Quick Links: Download iPhone & iPad Wallpapers | iPad Tutorials | iPhone Tutorials | Download iOS Games | Download iOS Apps

You may also like...

Please leave a reply