Microsoft Q3 FY15 results: Cloud strengthens, Windows stumble

Microsoft Lumia

The Redmond giant on Thursday announced that company’s quarterly revenue ending March 2015 period grew to $21.7 billion, which is overall 6 percent growth from the same quarter last year, but the net $4.99 billion profit this time around is down from last year’s $5.66 billion in the same quarter.

Microsoft posted impressive cloud growth, its Office 365 Consumer subscriber-base increased to more than 12.4 million, which is up by 35percent sequentially. Commercial cloud revenue grew 106 percent (up 111 percent in constant currency) driven by Office 365, Azure and Dynamics CRM Online. Here the company managed to beat the analysts’ estimates, however Windows OEM Pro revenue declined 19 percent, and Windows OEM non-Pro revenue declined 26 percent.

“Customers continue to choose Microsoft to transform their business and as a result we saw incredible growth across our cloud services this quarter,” said Satya Nadella, Chief Executive Officer at Microsoft. “Next week at Build we’re excited to share more about how we’re empowering every individual and organization on the planet to achieve more with the next generation of our platforms.”

Despite the profit drop, Surface and Lumia brands are looking quite strong for Microsoft. Surface revenue of $713 million, up 44 percent (up 53 percent in constant currency) was mainly driven by Surface Pro 3. Coming to the Lumia devices, Microsoft sold 8.6 million units of it, which is an 18 percent increase over the same quarter last year. The overall phone hardware revenue for the quarter has been $1.4 billion.


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Author: Hitesh Arora

From making Gadget and Auto videos for TV and online media, this guy landed up in Tech Writing. He has his heart at the right place when it comes to finding deals online. You will always find him suggesting people which device to buy. Hitesh calls himself a TV buff, who loves cooking, eating, dancing, and sleeping. You can follow him on Twitter @hitesharoraa