Microsoft with profit jump | TIME ONLINE



[ad_1]

Redmond (dpa) – Expanding Cloud Services and Desktop Software Wanted Microsoft in the summer to a lot more profit and sales helped.

During the first quarter (until the end of September), the surplus was in the order of one-third to reach $ 8.8 billion (€ 7.7 billion), announced Microsoft after the closure of the US market in Redmond (Washington). Revenues increased 19% to $ 29.1 billion.

CEO, Satya Nadella, spoke of a "good start to the 2019 fiscal year". At Microsoft, the accounting year is offset by the calendar year. The good results are the result of innovation and customer confidence in the Group, said Nadella. The figures clearly exceeded badysts' expectations, which were well received by investors. The share has turned into positive territory with around three percent after normal hours. Since the beginning of the year, the price has increased by 19%.

In particular, lucrative cloud computing services on the Internet continued to grow, although the Azure platform's growth in business sales was down 76% from previous quarters, up 76% . Azure is primarily competing with AWS services from Amazon and Google. The highly sought-after online version of Microsoft's Office 365 Office program has grown significantly by 36%. The LinkedIn online career portal, acquired at the end of 2016, increased revenues by 33%.

The clbadic PC division of Windows also recorded a 15% increase. The former core business has weakened in the meantime, but still accounts for $ 10.7 billion, the bulk of the group's business figure. The games division, which also operates in the division, is particularly developed with the Xbox game console, whose revenues have increased by 44%. The Surface tablet series, designed for newly introduced new devices, has increased by 14%.

[ad_2]
Source link