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Cloud Growth Continues for Microsoft

posted by cmn32480 on Saturday October 22 2016, @09:36AM   Printer-friendly
from the cloudy-with-a-chance-of-windows dept.
Business

Arthur T Knackerbracket has found the following story:

Microsoft's ongoing move to the cloud paid off once again over the past quarter, as strong growth from Azure and Office 365 offset declines in the PC market.

The company announced on Thursday that its quarterly revenue for the three-month period ending in September was flat overall at $20.5 billion. The company's net profit was down 4 percent year-over-year from $4.9 billion to $4.7 billion.

Those results were driven by quarterly revenue from the company's Intelligent Cloud segment, which includes Azure and Windows Server, and its Productivity and Business Processes segment, which includes Office 365 and Dynamics. Intelligent Cloud revenue grew 8 percent year-over-year to $6.4 billion, while Productivity and Business Processes segment revenue grew 6 percent to $6.7 billion.

It's another positive sign for the cloud-focused strategy that the company adopted under the leadership of CEO Satya Nadella.

Azure revenue grew by 116 percent year over year, and Microsoft revealed for the first time that its profit margin from its cloud platform is 49 percent. The company continues to keep the exact revenue and profit numbers from its public cloud platform under wraps, however.

Office 365 commercial revenue grew 51 percent year-over-year. Microsoft reported it now has more than 85 million commercial monthly active users of its cloud-based productivity suite as a service offering.

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  • (Score: 0) by Anonymous Coward on Saturday October 22 2016, @12:36PM

    by Anonymous Coward on Saturday October 22 2016, @12:36PM (#417562)
    And thus Microsoft finds a comfortable niche while they slide further into irrelevance to the leading edge of the software industry.

  • (Score: 0) by Anonymous Coward on Saturday October 22 2016, @02:27PM

    by Anonymous Coward on Saturday October 22 2016, @02:27PM (#417575)

    How's that SQL-Server-running-on-linux [microsoft.com] project going? You'll let us know when we can get totally rid of windows, wontchu?

    • (Score: 1, Touché) by Anonymous Coward on Saturday October 22 2016, @03:59PM

      by Anonymous Coward on Saturday October 22 2016, @03:59PM (#417595)

      That product will be released the same day Trump releases his tax returns.

  • (Score: 2) by Appalbarry on Saturday October 22 2016, @07:37PM

    by Appalbarry (66) on Saturday October 22 2016, @07:37PM (#417642) Journal

    It's all fun and games until a network of weaponized nanny cams take down the Office 365 servers.

    • (Score: 1, Insightful) by Anonymous Coward on Sunday October 23 2016, @03:10AM

      by Anonymous Coward on Sunday October 23 2016, @03:10AM (#417723)

      ...or a leap day

      • (Score: 0) by Anonymous Coward on Sunday October 23 2016, @06:26AM

        by Anonymous Coward on Sunday October 23 2016, @06:26AM (#417773)

        (just kidding, it does work on leap days)