MICROSOFT INCREASED EARNINGS
Microsoft reported a 6% increase in revenues.
The recipes in this 3rd quarter sales increased to USD 21 700 mn, exceeding the estimated by the forecast of USD 21,100 mn.
Earnings per share fell to USD 0.62 overcoming USD 0.53 estimated by analysts.
The results were driven by the growth of cloud services unit and the Ofiice 365 subscribers numbers to increase 35% to 12.4 mn.
The appreciation of the dollar was also one of the factors that conditioned the Microsoft giant numbers.
“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.”
Read more:
http://www.microsoft.com/investor/default.aspx
http://www.anandtech.com/show/9187/microsoft-releases-fy-2015-q3-financial-results
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