WORD TO THE WISE: Microsoft sees massive profits as company prepares for gaming push
But the financial results revealed Tuesday show it’s still business-focused products such as Microsoft’s Azure cloud computing platform and its suite of software products that are driving the company’s growth.
Sales from Microsoft’s cloud computing business segment grew 26% to $18.3 billion in the quarter ending in December.Microsoft’s productivity segment, which includes its Office suite of workplace products such as email, grew by 19% from the same period a year earlier, to $15.9 billion. The productivity segment also includes revenue from Microsoft’s LinkedIn jobs networking service, which increased 37% from the same time a year earlier.
Microsoft’s personal computing business, which includes Windows software licenses, Xbox and its Surface line of devices, grew by 15% to $17.5 billion.
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