Microsoft Q1 2016 revenue record: revenue Down 12% YoY At $20.4 Billion
CEO Satya Nadella is still sure, says consumer excitement for brand spanking new units is growing.
Microsoft announced its revenue today for the quarter ending September 30, 2015, with earnings at $20.four billion, down 12 percent year over year.
the company says its productiveness and business procedures earnings declined three-percent with earnings at $6.three billion. more personal Cloud Computing revenue also dropped — down 17 p.c at $9.4 billion.
CEO Satya Nadella remained certain, releasing a commentary that Microsoft is making robust growth throughout three focus areas.
“customer excitement for new gadgets, home windows 10, administrative center 365 and Azure is rising as we convey collectively the very best Microsoft experiences to empower individuals to reach extra,” said Nadella.
Microsoft stories its place of work 365 consumer subscriber base introduced three million throughout the quarter and that its Dynamics CRM on-line endeavor put in base is growing more than thrice 12 months over yr. month-to-month energetic users for Xbox are living used to be additionally up, growing 28 p.c to 39 million.
Microsoft’s intelligent Cloud industry noticed an eight-p.c raise, reaching $5.9 billion, with income from server merchandise and cloud services, and Azure more than doubling yr over 12 months. the corporate says its endeavor Mobility clients more than doubled 12 months over yr as smartly, hiking to more than 20,000.
“We’re seeing great traction with companies who wish to carry Microsoft’s cloud, mobile tool management expertise and knowledge analytics collectively to beef up safety and productiveness,” mentioned Microsoft COO Kevin Turner.
Microsoft’s webcast masking nowadays’s income report will probably be hosted at 2:30 p.m. PT (5:30 p.m. ET): Microsoft FY16 Q1 revenue conference call.
Microsoft earnings observation:
(Some pictures used underneath license from Shutterstock.com.)
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