Microsoft has posted the outcomes of the primary quarter of its 2019 monetary 12 months, which runs up till September 30, 2018. Revenue was $29.1 billion, up 19 p.c 12 months on 12 months, to set a new record for the corporate’s first quarter. Operating revenue rose 29 p.c to $10.0 billion, and web revenue was up 34 p.c to $8.8 billion. Earnings per share had been up 36 p.c at $1.14.
Microsoft at present has three reporting segments: Productivity and Business Processes (overlaying Office, Exchange, SharePoint, Skype, Dynamics, and LinkedIn), Intelligent Cloud (together with Azure, Windows Server, SQL Server, Visual Studio, and Enterprise Services), and More Personal Computing (overlaying Windows, {hardware}, and Xbox, in addition to search and promoting).
Productivity group income was up 19 p.c to $9.8 billion, with working revenue up 29 p.c to $3.9 billion. Both business and shopper Office gross sales had been up by 17 and 16 p.c respectively, and Office 365 continues to develop; business seats had been up 29 p.c 12 months on 12 months, and it now has greater than 155 million month-to-month energetic customers. There are additionally now 32.5 million shopper subscribers. This ongoing swap to the cloud meant that perpetually licensed Office income was down 12 p.c. Dynamics income is up 20 p.c, and LinkedIn income has grown 33 p.c.
Intelligent Cloud income is up 24 p.c to $8.6 billion, with working revenue up 37 p.c to $3.0 billion. Azure income was up 76 p.c year-on-year, Server product income was up 10 p.c, and Enterprise Services income grew by 6 p.c. Enterprise Mobility Suite now has 88 million seats, up 59 p.c 12 months on 12 months, and 6 million seats sequentially.