Archive for the ‘financials’ Category

Microsoft 3Q19 revenue up 14% on the back of strong cloud and, uh, Windows?

April 24th, 2019
Microsoft 3Q19 revenue up 14% on the back of strong cloud and, uh, Windows?

(credit: Julien GONG Min / Flickr)

In the third quarter of its 2019 financial year, which ran up until March 31, 2019, Microsoft's revenue was $30.6 billion, up 14 percent year on year. Operating income was up 25 percent to $10.3 billion, net income up 19 percent to $8.8 billion, and earnings per share up 20 percent to $1.14.

Microsoft has three reporting segments: Productivity and Business Processes (covering Office, Exchange, SharePoint, Skype, Dynamics, and LinkedIn), Intelligent Cloud (including Azure, Windows Server, SQL Server, Visual Studio, and Enterprise Services), and More Personal Computing (covering Windows, hardware, and Xbox, as well as search and advertising).

Productivity group revenue was up 14 percent to $10.2 billion, with operating income rising 28 percent to $4.0 billion. There's no one standout in the division but, rather, strong growth across the entire division; commercial Office products and service revenue was up 12 percent, consumer revenue up 8 percent, Dynamics revenue up 13 percent, with Dynamics 365 revenue growing by 43 percent, and LinkedIn revenue was up 27 percent. The number of commercial Office 365 seats is up 27 percent with more than 180 million monthly active users, and consumer Office 365 subscribers were up 12 percent to 34.2 million. The transition to the cloud continues to shift where Microsoft makes its money: while commercial Office 365 revenue was up 30 percent, perpetually licensed Office revenue fell by 19 percent.

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Posted in azure, financials, microsoft, office, productivity, Tech, Windows | Comments (0)

Microsoft blames chip supply issues for drop in Windows revenue

January 31st, 2019
Microsoft blames chip supply issues for drop in Windows revenue

(credit: Julien GONG Min / Flickr)

Microsoft has posted the results of the second quarter of its 2019 financial year, which runs up to December 31, 2018. Revenue was $32.5 billion, up 12 percent year-on-year; operating income was $10.3 billion, up 18 percent; and net income was $8.6 billion, as compared to a $6.3 billion loss due to the impact of the Tax Cuts and Jobs Act one year ago. Earnings per share were $1.08, as compared to a loss of $0.82.

Microsoft currently has three reporting segments: Productivity and Business Processes (covering Office, Exchange, SharePoint, Skype, Dynamics, and LinkedIn), Intelligent Cloud (including Azure, Windows Server, SQL Server, Visual Studio, and Enterprise Services), and More Personal Computing (covering Windows, hardware, and Xbox, as well as search and advertising).

Productivity group revenue was up 13 percent to $10.1 billion, with operating income up 20 percent to $4.0 billion. Commercial Office revenue was up 11 percent, with seat growth of 27 percent; this growth continues to be driven by the shift to cloud, with Office 365 revenue up 34 percent but perpetually licensed revenue down 21 percent. Consumer Office revenue was almost flat, growing by just 1 percent. This drop in growth comes after a series of strong quarters; a year ago, Office consumer revenue was up 12 percent, with the intervening quarters showing growth of 12, 8, and 16 percent. Microsoft says that Office 365 subscriptions were up, now totaling 33.3 million, but the weaker-than-expected PC market offset this growth. Dynamics revenue grew by 17 percent, and LinkedIn by 29 percent.

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Posted in Biz & IT, earnings, financials, microsoft, Tech | Comments (0)

Microsoft posts a record $29.1 billion Q1. Same old, same old

October 24th, 2018
Microsoft posts a record $29.1 billion Q1. Same old, same old

(credit: Julien GONG Min / Flickr)

Microsoft has posted the results of the first quarter of its 2019 financial year, which runs up until September 30, 2018. Revenue was $29.1 billion, up 19 percent year on year, to set a new record for the company's first quarter. Operating income rose 29 percent to $10.0 billion, and net income was up 34 percent to $8.8 billion. Earnings per share were up 36 percent at $1.14.

Microsoft currently has three reporting segments: Productivity and Business Processes (covering Office, Exchange, SharePoint, Skype, Dynamics, and LinkedIn), Intelligent Cloud (including Azure, Windows Server, SQL Server, Visual Studio, and Enterprise Services), and More Personal Computing (covering Windows, hardware, and Xbox, as well as search and advertising).

Productivity group revenue was up 19 percent to $9.8 billion, with operating income up 29 percent to $3.9 billion. Both commercial and consumer Office sales were up by 17 and 16 percent respectively, and Office 365 continues to grow; commercial seats were up 29 percent year on year, and it now has more than 155 million monthly active users. There are also now 32.5 million consumer subscribers. This ongoing switch to the cloud meant that perpetually licensed Office revenue was down 12 percent. Dynamics revenue is up 20 percent, and LinkedIn revenue has grown 33 percent.

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Posted in Biz & IT, Business, financials, microsoft, Tech, Windows | Comments (0)