Microsoft: Strong cloud business ensures increased sales and profit

Jan

27

2017

Microsoft has released quarterly figures. The company has already completed the second quarter of the 2017 fiscal year, but it also ended on December 31, 2016. As a result, Microsoft was able to increase both revenue and profit compared to the same quarter last year. Sales of $ 25.84 billion were generated, the largest item being the “More Personal Computing” segment of $ 11.8 billion, although it was down 5 percent year-on-year. A part of the decline is also contributed by the Xbox , the gaming revenue decreased by three percent, whereby the lower revenues of the Xbox sales are intercepted by a growth in software and services.

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