Commentary to follow, but Microsoft has just announced its quarterly revenue coming in at $23.20 billion and profits of $0.54 per share. The follow-up earnings call is scheduled to start at 2:30 PM PT, just a little under an hour from now.
A couple of the most anticipated pieces for this quarter's reports were Surface and Phone hardware revenue. Here's the breakdown of what Microsoft is reporting:
Devices and Consumer (boosted by the Nokia deal). Revenue grew 47% to $10.96 billion.
- Office 365 Home and Personal subscribers totaled more than 7 million, representing more than 25% sequential growth over the previous quarter.
- Surface Pro 3 momentum drove Surface revenue of $908 million.
- New Windows consumer licensing programs drove positive unit growth while OEM non-Pro revenue declined 1%.
- Total Xbox console sales were 2.4 million, growing 102%, and Xbox One launched in 28 new markets.
- Phone hardware revenue exceeded $2.6 billion with ongoing focus on execution discipline.
Commercial. Revenue grew 10% to $12.28 billion.
- Server products and services revenue increased 13%, with double-digit growth for SQL Server, System Center and Windows Server.
- Office Commercial products and services revenue grew 5% as customers transition to Office 365.
- Commercial cloud revenue grew 128% driven by Office 365, Azure and Dynamics CRM.
- Lync, SharePoint and Exchange, our productivity server offerings, collectively grew double-digits.
- Windows volume licensing revenue increased 10%.
More to come…