A website devoted to the IT industry reported on Microsoft’s latest quarterly results. Microsoft completed its third fiscal quarter on the last day in March. The company reports it made 5.7 billion dollars last quarter. The company’s office suite and cloud services income went up by fifteen per cent. Recently acquired LinkedIn made 975 million dollars. The company reported a decrease in sales of its Surface products. It attributed this to increased competition. Its telephone hardware sales also went down.
- In the course of the last quarter, Server items and cloud administrations ascended by 15% (16% in steady cash (CC)), while Azure income expanded by 93% (94% CC).
- In any case, Enterprise Services income fell by (1% CC) “with decreases in custom bolster assentions counterbalanced by development in Premier Support Services and counseling”.
- Flow items and cloud administrations income was up by 10% (11% CC), while LinkedIn likewise contributed $975 million in income taking after Microsoft’s culmination of its $26.2 billion procurement.
“Microsoft has invested heavily in its Intelligent Cloud services over the last few years, and along with rolling improvements to its Office platform and the addition of new productivity tools, its strong focus on business and enterprise customers is continuing to generate impressive results for the company.”