Microsoft achieved revenue of $ 29.1 million in the first quarter of 2019

This topic Microsoft achieved revenue of $ 29.1 million in the first quarter of 2019 appeared on Engadget.

Revealed the software giant’s report on the financial report for the first quarter of 2019, which confirms the rise in revenue of 19%.

Microsoft

Paid cloud services and games to the side Surface devices revenues net income for Microsoft during the first quarter of 2019.

Where Microsoft has made revenue of $ 29.1 million, an increase of 19%, while managed to achieve net income of $ 8.8 million, an increase by 34%.

Has Microsoft indicated that the main reason for the increase in revenue returns to the rapid growth of cloud services provided by the company.

Also, the company’s revenues from sales of Surface devices by 14% per annum, for the quarter to $ 1.1 million, contributing to Surface Go which was announced in last August in the increase in hardware sales too, as confirmed Amy Hood that all of the Surface in Book 2 and Surface Go was to them the largest share of revenue this quarter.

Surface Book 2

Also, despite Microsoft’s launch of both devices the laptop the Surface Pro 6 Surface Laptop 2 except that sales of such devices did not start until October, so I didn’t enter in the financial report to Microsoft during the first quarter of 2019.

Also contributed to the sales of the Surface in the United States, where she managed to get Microsoft to be among the 5 biggest manufacturers of computers in the United States.

Microsoft also start sales of both the Surface Studio 2 and surface Headphones in the month of November, so expected to make these devices with the Surface Pro 6 Surface Laptop 2 in Microsoft’s revenue in the second quarter of 2019.

Also to the side of the devices contributed to the Games section for Microsoft and also in revenue in the first quarter, as it made the games a rapid growth in the first quarter with revenues in the Games section by 44%.

The increased revenue Xbox particularly by 94%, where he helped launch Xbox One X is great, along with the Xbox Live service active, which achieved an increase in the number of users has reached 75 million users.

Xbox One X

And the software giant to start a cloud service to broadcast the games xCloud in 2019, however, the projections indicate significant competition with existing services of the games already such as the GeForce Now, PlayStation Now, and the Shadow and also the Liquid Sky.

Also come the company’s revenues from licenses Windows to manufacturers of computers among the services that have contributed to the company’s revenue is definitely, where revenues licenses Windows by 8% during this quarter.

Revenue for business services for the Windows and cloud services by 12%, also achieved the commercial products serve the Office increase in revenue by 17%, also achieved commercial products offered in Office 365, a rise in revenue by 36%.

It has got cloud services to a larger share of rising revenue for Microsoft during the quarter, as it made the service of the Azure cloud increased by 76% during this quarter, while the other cloud services in general increase in revenue by 28%.

As explained by the report Microsoft announced that the Department of intelligent cloud services contributed 24% of the total income i.e. the value of the $ 8.6 million of total revenue $ 29.1 million.

Also disclosed financial report revenue of $ 10.7 million in the Department of computing at Microsoft, which includes games, Windows, Search, to the side of the Surface devices, while the cloud services of $ 18.4 million in revenue for the company, as profit increased advertising as a result of increased search volume in Bing by 17%.

Source

This topic Microsoft achieved revenue of $ 29.1 million in the first quarter of 2019 appeared on Engadget.

Leave a Reply

Your email address will not be published. Required fields are marked *