Microsoft announces its financial results for the first quarter of its fiscal year

Microsoft announced its financial results for the first quarter of its fiscal year that ended on 30 September 2018, the revenues amounted to $ 29.1 million, an increase of 19% year on year, to a new record, while net income increased by 34% to $ 8.8 million, the risen earnings per share to $ 1.14 per.

Read Also: Microsoft has become the fifth largest computer company in America

Have Microsoft 3 sources of income, two services from parties such as office and Skype, and their services to the cloud, in addition to the operating systems and hardware, where he achieved all its growth is excellent on a yearly basis, especially office, which is now used more than 155 million monthly users.

The company connects excellent of PC sales Surface, where the quarter saw the launch of a new device in the name of the Surface to Go where they led to increased revenue by 44% to $ 2.8 million, as revenues doubled to devices Xbox with 57 million active users in the service Xbox Live.

Source: ars technica

The post Microsoft announces its financial results for the first quarter of its fiscal year appeared first on technology 24.

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