Microsoft’s cloud revenue

Microsoft revealed to techcrunch that its non-Generally Accepted Accounting Principles (GAAP) revenue reached up to US$24.7billion in the last three months, and GAAP earnings per share was US$0.83, with its operating income being US$7.0billion non-GAAP.

Despite Microsoft’s Azure growth slowing down, its still one of Microsoft’s “main drivers”, with US$6.8billion revenue for its “Intelligent Cloud” business, reaching up to US$15.2billion.

Satya Nadella, CEO at Microsoft, said: “Innovation across our cloud platforms drove strong results this quarter.

“Customers are looking to Microsoft and our thriving partner ecosystem to accelerate their own digital transformations and to unlock new opportunity in the era of intelligent cloud and intelligent edge.”

Microsoft’s Mobility product has now hit more than 50million consumers and its commercial cloud annualised rates up to 18.9billion.

Written by Leah Alger

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