Revenues for the quarter ended June 30, 2015 were $22.2 billion. Gross margin, operating loss, and loss per share for the quarter were $14.7 billion, $(2.1) billion, and $(0.40) per share.
Surface and commercial Cloud Revenues up, $7.5 billion non-cash impairment charge related to assets associated with the acquisition of the Nokia Devices and Services (NDS) business, in addition to a restructuring charge of $780 million.
Interesting (to me) was that revenues for the same quarter in 2014 were $23.4 billion, or 5% higher. I don't follow MSFT that closely - read: almost not at all - but isn't it unusual for their revenues to fall?
At least to date, OS and Office revenue is somewhat dependent on those products' ship cycles. A recently released new version (or the end of support for an old version) generally drives upgrades which mean revenue fluctuates up and down not just on a seasonal basis but over a longer timeframe.
It's interesting that Lumia sales are up by more than 10%, but revenue through phone sales decreased by 38%. That was primarily caused by Microsoft's refusal to sell any flagship Windows Phones after they purchased Nokia. I was personally affected by that decision — after my Lumia 1520 broke, I had to reluctantly upgrade to an LG G4 because there are no flagship Windows Phones for sale anymore.
I believe they covered this - and is somewhat related to your flagship comment. They sold more of the cheaper Lumia variants (targeted at other markets than the US/your part of the world)
"Commercial cloud revenue grew 88% (up 96% in constant currency) driven by Office 365, Azure and Dynamics CRM Online and is now on an annualized revenue run rate of over $8 billion"
This is really interesting. This recurring revenue should be growing every month. It's still only > 10% of total revenue, but I think MSFT SaaS business will be really big within a year or two.
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[ 3.3 ms ] story [ 30.9 ms ] threadHighlight: cloud rev (Office 365 + Azure) up 88% year over year
This is really interesting. This recurring revenue should be growing every month. It's still only > 10% of total revenue, but I think MSFT SaaS business will be really big within a year or two.
I'm considering buying some stock.
(I've never been so excited for a product that doesn't publicly exist yet.)