Microsoft’s Surface sales up 29 percent, phones down 49 percent

On the whole, it wasn’t a great holiday quarter for Microsoft. Its revenues fell around 10 percent from last year (from $26.5 billion to $23.8 billion), while its net income fell around 15 percent (from $5.8 billion to $5 billion). Still, the company saw strong cloud growth, with Azure revenue up by 140 percent. Its overall Intelligent Cloud division revenue was up five percent.

There were some pretty big gains in other categories, as well. Office 365 revenue jumped 70 percent compared to last year, for example, and it also reached 20.6 million customers. On the gaming front, Microsoft says it now has 48 million monthly active users (people who sign on at least once a month), an increase of 30 percent.

While its mobile hardware outlook isn’t that great, Microsoft is seeing some success when it comes to mobile software. Skype, for example, has been downloaded more than 900 million times on iOS and Android devices, Microsoft CEO Satya Nadella said during the earnings call today. Additionally, Office mobile apps have been downloaded over 340 million times.

Continued here: Microsoft’s Surface sales up 29 percent, phones down 49 percent

Author: Jagdeep

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