Microsoft is up 14% year on year in the second quarter of 2020 due to strong performance of Office related and Azure etc., Xbox continues to struggle


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Kārlis Dambrāns

Microsoft has announced its second quarter 2020 financial results. Following the first quarter of 2020, the results were better than expected, with revenues of $ 36.9 billion , or 14% year-over-year.

FY20 Q2-Press Releases-Investor Relations-Microsoft
https://www.microsoft.com/en-us/Investor/earnings/FY-2020-Q2/press-release-webcast



Microsoft Q2 2020 earnings: Office, Surface, and cloud lead results-The Verge

https://www.theverge.com/2020/1/29/21113582/microsoft-q2-2020-earnings-cloud-services-surface-gaming-windows

Microsoft shares rise after it beats revenue, profit expectations, Azure posts 62% growth | TechCrunch
https://techcrunch.com/2020/01/29/microsoft-shares-rise-after-it-beats-revenue-profit-expectations-azure-posts-62-growth/

Net income was reported to be $ 11.6 billion, up 38% year-on-year. The profit per share is $ 1.51 (about 165 yen).

Year-over-year revenue growth was particularly strong in Azure, up 62%, Dynamics 365, up 42%, Office 365, up 27%, Windows commercial products and cloud services, up 25%, and LinkedIn, up 24%. The Windows OEM business also saw strong revenues at 18%, with experts rating Windows 7 support as more than just a tailwind from the end of January 14, 2020 .

Surface is also growing at a modest $ 6 billion (about 220 billion yen). Amy Hood commented that he expects high single digit revenue growth.

On the other hand, overall revenue is likely to be declining for Xbox-related products, despite the boost from third-party titles, but Microsoft's revenue has fallen 11%. However, in 2020, the next-generation hardware 'Xbox (former name: Xbox Series X)' is scheduled to appear, and it may come back in the future.

Clearly that the official name of Microsoft's next-generation game machine will be `` Xbox '' instead of `` Xbox Series X ''-gigazine



in Note, Posted by logc_nt