Microsoft cloud annualized run rate hits $13bn in strong first quarter

October 21, 2016

Microsoft posted revenue of $20.5 billion in the first quarter of its 2017 financial year, a negligible rise on the same quarter last year. Operating income was $5.2 billion, down 8 percent year on year, net income was $4.7 billion, down 4 percent, and earnings per share were $0.60, down 2 percent. As ever, Microsoft also offered alternative figures that book Windows 10 revenue up front instead of amortized over…

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Microsoft cloud annualized run rate hits $13bn in strong first quarter

October 21, 2016

Microsoft posted revenue of $20.5 billion in the first quarter of its 2017 financial year, a negligible rise on the same quarter last year. Operating income was $5.2 billion, down 8 percent year on year, net income was $4.7 billion, down 4 percent, and earnings per share were $0.60, down 2 percent. As ever, Microsoft also offered alternative figures that book Windows 10 revenue up front instead of amortized over…

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