Coming Soon: GET:IT Endpoint Management 1-Day Conference on September 28th at 9:30 AM ET Coming Soon: GET:IT Endpoint Management 1-Day Conference on September 28th at 9:30 AM ET
Main

Microsoft's Cloud Hits 20 Billion Run Rate, Revenue Climbs 12% in Q1

It’s earnings day for Microsoft and the company has posted another strong quarter (Q1 FY18) with revenue of $24.5 billion and Net Income is reported at $6.6 billion. Both of these figures are up year over year at 12% and 16% respectively; Microsoft returned $4.7 billion to shareholders in the form of repurchases and dividends.

Notably, during this quarter, Microsoft has met its goal of making its cloud services reach a $20 billion annual operation. The run rate for the business services was $20.4 for the quarter and outpaced the goal the company set a little over two years ago to meet this milestone.

Office 365 continues its forward progression as well with the company now having 120 million monthly active commercial subscribers and 28 million consumer subscribers. During this period, commercial products and services revenue grew 10% and Office 365 commercial revenue grew 42% primarily driven by the increase in the number of seats.

Sponsored Content

Say Goodbye to Traditional PC Lifecycle Management

Traditional IT tools, including Microsoft SCCM, Ghost Solution Suite, and KACE, often require considerable custom configurations by T3 technicians (an expensive and often elusive IT resource) to enable management of a hybrid onsite + remote workforce. In many cases, even with the best resources, organizations are finding that these on-premise tools simply cannot support remote endpoints consistently and reliably due to infrastructure limitations.

LinkedIn during the period added $1.1 billion in revenue with sessions growing over 20% during the period.

Surface had a solid quarter as well with revenues of $1.03 billion, up from $926 million year-over-year. This was driven by the release of the Surface Pro and the Surface Laptop.

Windows OEM Pro revenue was up 7% driven by higher mix of premium SKUs and the timing of license purchases. Windows OEM non-pro revenue was down 1% which was in-line with the consumer market.

Overall, it was a relatively healthy quarter for Microsoft and the fact that Office 365 and the company’s cloud services continue to grow at a healthy rate shows the future is still bright.

Related Topics:

BECOME A PETRI MEMBER:

Don't have a login but want to join the conversation? Sign up for a Petri Account

Register
Comments (0)

Leave a Reply

Brad Sams has more than a decade of writing and publishing experience under his belt including helping to establish new and seasoned publications From breaking news about upcoming Microsoft products to telling the story of how a billion dollar brand was birthed in his book, Beneath a Surface, Brad is a well-rounded journalist who has established himself as a trusted name in the industry.
Live Webinar: Active Directory Security: What Needs Immediate Priority!Live on Tuesday, October 12th at 1 PM ET

Attacks on Active Directory are at an all-time high. Companies that are not taking heed are being punished, both monetarily and with loss of production.

In this webinar, you will learn:

  • How to prioritize vulnerability management
  • What attackers are leveraging to breach organizations
  • Where Active Directory security needs immediate attention
  • Overall strategy to secure your environment and keep it secured

Sponsored by: