Author: Tom Warren
Microsoft posted the first quarter of its 2019 financial results today, reporting revenue of $29.1 billion and net income of $8.8 billion. Revenue is up 19 percent, and net income has increased by 34 percent. Microsoft says this is a record first quarter, thanks primarily to strong cloud growth.
Surface revenue has jumped 14 percent year over year this quarter to $1.1 billion. This is the first quarter since Microsoft launched its Surface Go tablet in August, and it’s clear Surface is now a solid billion dollar business. Microsoft has also managed to become a top five PC manufacturer in the US during the recent quarter, thanks to Surface. On a call with investors, Microsoft CFO Amy Hood revealed that Surface revenue this quarter has been...
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Microsoft posted the first quarter of its 2019 financial results today, reporting revenue of $29.1 billion and net income of $8.8 billion. Revenue is up 19 percent, and net income has increased by 34 percent. Microsoft says this is a record first quarter, thanks primarily to strong cloud growth.
Surface revenue has jumped 14 percent year over year this quarter to $1.1 billion. This is the first quarter since Microsoft launched its Surface Go tablet in August, and it’s clear Surface is now a solid billion dollar business. Microsoft has also managed to become a top five PC manufacturer in the US during the recent quarter, thanks to Surface. On a call with investors, Microsoft CFO Amy Hood revealed that Surface revenue this quarter has been...
Continue reading…
Continue reading...