Microsoft’s Cloud Game Paid Off Again

1it enterprise

1it enterpriseOver the past quarter as strong growth from Azure and Office 365, offset declines in the PC market the move to the cloud paid off for Microsoft once again. Quarterly revenue of the company for the third quarter was flat overall at $20.5 billion. The net profit of the company was also down to $4.7 billion from $4.9 billion, which is about 4 percent. These results were driven by company’s Intelligent Cloud Segment including Windows and Azure servers along with its Business and Productivity Process Segments comprising Dynamics and Office 365. Intelligent cloud revenue grew $6.4 billion that is 8 percent and the business and productivity process segment revenue grew by 6 percent to $6.7 billion.

 

Under the leadership of CEO SatyaNadella, this one of the many positive signs for the cloud-focusedstrategy which the company adopts. The company has revealed for the first time that the profit from the cloud revenue is 49 percent while Azure revenue grew by 116 percent. The exact profit numbers are however been kept from the public by Microsoft. Commercial revenue for Office 365 grew 51 percent and now reached 85 million commercial monthly users. Also not to mention the $962 million previous quarter revenue from the company’s line of laptops and tablets.