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Microsoft revenue increases 12% reaching $28.9 billion

A Microsoft building

Microsoft has reported revenue of US $28.9 billion in the quarter ended December 31, marking an increase of 12 percent year on year touching US, in an earnings statement. The corporation’s operating income was $8.7 billion in this period (FY18 Q2) and increased by 10 percent. Personal computing Microsoft’s largest business segment is More Personal Computing, which includes Windows, devices, gaming and search advertising. It grew by 2 percent, with $12.17 billion in revenue. Gaming revenue increased 8 percent, driven by the launch of Xbox One X. In this segment, search advertising revenue excluding traffic acquisition costs increased 15% (up 15% in constant currency) driven by higher revenue per search and search volume Productivity and business processes Revenue in Productivity and Business Processes was $9.0 billion and increased 25 percent. This segment includes Office, Dynamics and LinkedIn. LinkedIn contributed revenue of $1.3 billion during the quarter with sessions growth of over 20 percent for the fifth consecutive quarter. Office 365: Commercial revenue of Office 365 grew by 41 percent. However, revenue from office commercial products declined by 16 percent, reflecting the adoption of cloud offerings, Microsoft said. For Office Consumer products and cloud services, revenue grew by 12 percent, on the back of recurring subscription revenue. In this quarter, consumer subscribers of Office 365 reached 29.2 million. Cloud computing Intelligent Cloud business, which contains Azure, Windows Server and SQL Server, produced $7.80 billion in revenue, giving it a 15 percent growth rate. In this, revenue from cloud computing service Azure grew massively,…

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