Microsoft have announced its financial results for the first-quarter of fiscal 2015 year reporting record revenue of US $23.20 billion, or gain of 25 percent year-over-year, which is a direct result of strong results coming from the Devices and Consumers division.
The revenue of US $23.2 billion is not the only positive result for Microsoft as gross margin was also up by 12 percent at US $14.9 billion but also reported lower operating income of $5.8 billion, down by 8 percent compared to the last year, net income was also down by 13 percent at US $4.5 billion compared to the last year while earnings per share dropped dow to US $0.55 per share compared to US $0.63 last year.
Microsoft has split its business in two divisions, Devices and Consumer division which focuses on consumer products like Xbox, Surface, Lumia phones and other software options was well as Commercial division which focuses on enterprise market such as Server, System Center, SQL and others.
The biggest part of that record revenue can be attributed to a rise of 47 percent for Devices and Consumer revenue, adding up to US $10.96 billion, and include Office 365 Home and Personal which got 25 percent sequential growth totaling at 7 million subscribers, Surface Pro 3 with revenue of US $908 million, Xbox console sales of 2.4 million and Phone revenue which exceeded US $2.6 billion.
The Commercial division also reported growth of 10 percent with revenue of US $12.28 billion including server product and services growth of 13 percent, Office Commercial products and services were up by 5 percent while commercial cloud revenue grew by an impressive 128 percent and Windows volume licensing revenue was up by 10 percent.
Microsoft definitely had a great quarter but unfortunately did not give out any predictions for the next one so we will certainly keep an eye on that one.
Source:
Microsoft.com.