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Microsoft's Surface sales near $2 billion, but its Azure cloud business is growing faster |
January 30, 2020
Cloud, cloud, cloud, followed by Office, gaming, Surface and then Windows: By now, Microsoft has laid out its priorities, and the financial results Microsoft reported Wednesday afternoon reflected this.For consumers, the high point of Microsoft’s fourth-quarter calendar 2019 results was the fact that Microsoft reported $1.98 billion in Surface sales alone—almost, but not quite, making Surface a $2 billion-dollar business. Interestingly, chief financial officer Amy Hood implied that sales could have been higher, referring to unexplained “execution challenges” in the consumer portion of the Surface business.Overall, Microsoft reported profits of $11.6 billion during the second quarter of its fiscal 2020 calendar, up 38 percent from a year ago, from revenue of $36.9 billion, up 14 percent from the same period. To read this article in full, please click here
Link: https://www.pcworld.com/article/3518478/microsofts-surface-sales-near-2-billion-but-its-azure-cloud-business-is-growing-faster.html#tk.rss_all
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