Office 365 and Surface Pro 3 lead the pack.
BY: MIKE MAHARDY
OCTOBER 24, 2014
Microsoft is already off to a fast start this fiscal year, with sales increases in several different sectors.
The company's Devices and Consumer revenue is up 47 percent, bringing sales to $10.96 billion USD, according to Microsoft's earnings report for the first quarter of its 2015 fiscal year. This represents a part of Microsoft's $23.20 billion USD overall revenue this year –– that's a 25 percent increase since last year, and it's due in large part to Office 365 and the Surface Pro 3.
The company's productivity suite for Home and Personal subscribers now has 7 million new members, representing more than 25 percent sequential growth over the previous quarter. Microsoft has been pushing users toward the cloud for a while now, and these numbers suggest they might be well on their way.
The Surface Pro 3 drove revenue for Microsoft's Surface series to a total of $908 million, almost doubling the amount of the previous quarter. Although the tablet, which Microsoft billed as a "replacement for your laptop," accomplished parts of this task, IGN's review suggested the company still has some ground to cover.
Microsoft is excelling in the commercial realm as well –– revenue grew 10 percent to $12.28 billion USD, and Microsoft cites its cloud revenue and transitions to Office 365 as some of the main sources of momentum.
Microsoft's console sales are also on the rise, selling 2.4 million units in the first quarter of the 2015 fiscal year. This includes both Xbox One and Xbox 360 sales –– one analyst suggests the Xbox One will overtake Sony's PS4, as far as sales go, in 2015.
Sourced Via IGN