Microsoft has reported $23.20bn (£14.47bn) revenue for the past three months, with phones, Surface tablets and cloud-computing products helping increase sales.
The figures for the past three months, deemed as Q1 for financial year 2015 by Microsoft, saw commercial revenue grow 10 per cent to $12.28bn, with commercial cloud revenue up 128 per cent, driven by Office 365, Azure and Dynamics CRM, while devices and consumer revenue (including phones, Xbox console sales and Office 365 Home subscribers) grew 47 per cent to $10.96bn.
“We delivered a strong start to the year, with continued cloud momentum and meaningful progress across our device businesses,” said Amy Hood, executive vice president and chief financial officer of Microsoft. “We will continue to invest in high-growth opportunities and drive efficiencies across the organisation to deliver long-term shareholder value.”
Integration and restructuring expenses were $1.14bn during the three months ended September 30, 2014, with this figure including employee severance expenses and costs associated with the consolidation of facilities and manufacturing operations, as well as the integration of Nokia into Microsoft.
Of the overall figures, Satya Nadella, chief executive officer of Microsoft, said: “We are innovating faster, engaging more deeply across the industry, and putting our customers at the centre of everything we do, all of which positions Microsoft for future growth. Our teams are delivering on our core focus of reinventing productivity and creating platforms that empower every individual and organisation.”
The results come shortly after it was revealed that Nokia Lumia will rebrand as Microsoft Lumia.
