Wednesday, July 20, 2016

Microsoft is performing beyond expectations – NU.nl

Microsoft is Tuesday its quarterly report for April, May and June are known. In that quarter, Microsoft announced the acquisition of social network LinkedIn to which pay in cash the company 23 billion.

The profit for the second quarter was $ 3.11 billion (2.81 billion euros) . A year ago, Microsoft turned in the second quarter, still a record loss of $ 3.19 billion (2.88 billion euros). Due to a restructuring in its mobile division and the acquisition of Nokia, the company then had to write off billions

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The above expected high turnover ensures positive figures in the stock market after closing of the market, where the share Microsoft about 3.5 percent is on the rise.

“last year was a turning point in both our own transformation, as cooperation with our customers who themselves transform digital, “said Microsoft CEO Satya Nadella at the announcement of the figures.

Less phones, more Windows

Selling rise windows, with 27 percent more selling consumer versions and two percent more business versions of Windows than last year. Despite the fact that Windows 10 is the fastest growing Windows version ever, Microsoft stated expectations about the growth of the system recently at.

Microsoft saw the subscription sales of Office 365 for enterprises increase by 54 percent compared to last year . In the consumer market increased by 19 percent sales.

Also the sales of server products go well with an increase of 5 percent and nearly doubled in revenue over the Azure cloud service.

However, sales of phones collapse for Microsoft, 71 percent of phones sold less than a year ago. Revenue for Surface devices did increase by 9 percent.



Xbox and Games

Because of declines in sales and price of the Xbox 360 and Xbox One sales fell from the game- branch of Microsoft by 9 percent compared to last year. Revenue for Xbox hardware even decreased by 33 percent.

However, the number of subscribers to online game service Xbox Live grew by 33 percent over last year, to a total of 49 million. Also played people according to Microsoft last quarter, 13 percent more hours gaming on the Xbox One, and 19 percent more hours on Windows 10

By:. NU.nl

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