Monday, December 18, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Samsung Galaxy A8, A8 Plus and LG K Series to Appear at CES
North Korea Behind attacks on Cryptocurrency Exchanges: report
BlackBerry Ends Support for Priv, Talks About the Future of BB10
Google to Shut Down Project Tango in March 2018
Facebook Admits Spending Time on Social Media is Bad for You
Facebook Will Start Putting Ads Before Videos
Samsung's Smart Speaker Coming Next Year
Internet Neutrality is Officially Dead
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > General Computing > Cloud S...
Last 7 Days News : SU MO TU WE TH FR SA All News

Friday, January 27, 2017
Cloud Services Boost Microsoft's Sales And Profit


Microsoft's reported a 3.6 percent rise in fiscal second-quarter profit on Thursday, bolstered by rising customer sign-ups for cloud-based services including Azure and a stabilizing personal-computer market.



Profit excluding certain items, such as a few weeks of results from newly acquired LinkedIn Corp., was 84 cents a share on adjusted sales of $25.8 billion, the software maker said Thursday in a statement.

"Our customers are seeing greater value and opportunity as we partner with them through their digital transformation," said Satya Nadella, chief executive officer at Microsoft. "Accelerating advancements in AI across our platforms and services will provide further opportunity to drive growth in the Microsoft Cloud."

Chief Executive Officer Satya Nadella is positioning the company as a seller of internet-based corporate services for running applications, storing data, collaborating and enhancing worker productivity. Azure cloud services revenue almost doubled, keeping up its steady pace of growth, and both consumers and corporations continue to purchase Office 365, which includes software like Word and Excel, Microsoft said. Another surprising bright spot was the PC market, which is showing signs of life after years of contraction.

On Dec. 8, the company completed its biggest acquisition, the $26.2 billion purchase of LinkedIn. LinkedIn contributed revenue of $228 million in the quarter following the deal's close.

Azure revenue almost doubled in the recent quarter, and corporate versions of Office 365 saw sales increase 47 percent. Almost 25 million consumers are now subscribed to Office 365, the company said.

Microsoft has pledged to reach annualized revenue of $20 billion in its corporate cloud business by the fiscal year that ends in June 2018.

Second-quarter sales in the company's More Personal Computing business, including Windows and Xbox, fell 5 percent to $11.8 billion. Gaming revenue for Xbox and PC fell 3 percent.

Revenue from sales of Windows to PC maker partners rose 5 percent, and Windows commercial products and cloud services increased at the same rate.

In the Intelligent Cloud unit, comprised of Azure and server software deployed in customers' own data centers, sales increased 8 percent to $6.9 billion. Productivity revenue climbed 10 percent to $7.4 billion.

Microsoft did not provide sales figures for HoloLens but said it is "in thousands, not hundreds of thousands". With the augmented reality headset costing $3000, this is perhaps not surprising.



Previous
Next
Alphabet Earnings Surge on Mobile And YouTube        All News        Toshiba to Sell Part Of Its of Chip Unit
Alphabet Earnings Surge on Mobile And YouTube     General Computing News      Toshiba to Sell Part Of Its of Chip Unit

Get RSS feed Easy Print E-Mail this Message

Related News
Microsoft Plans Expansion of Redmond Campus
Microsoft Expands Deal With SAP to Use and Sell More of Each Other's Cloud Services
Top Black Friday deals from Microsoft
Microsoft Cloud Continues to Grow, Powers First Quarter Results
Microsoft to Buy Wind Energy From GE's new Wind Farm in Ireland
Microsoft Brings the Edge Browser to iOS and Android
Microsoft Announces First Windows S Devices, Brings cloud, AI and Mixed Reality to Businesses
Windows Creators Update Available in October
Microsoft Surface Devices Fail on Reliability
Microsoft Coco Framework Improves Performance and Governance Characteristics of Enterprise Blockchain Networks
New Microsoft keyboard brings Windows Hello to Windows 10 PCs
Microsoft pays up to $250,000 for Windows 10 bugs

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2017 - All rights reserved -
Privacy policy - Contact Us .