Microsoft cites ‘layers’ of Azure and cloud depth in more positive financial results
January 31, 2019 / James Bourne
Microsoft’s investor relations team is evidently not frightened about repeating itself when it comes to financial announcements season. “Microsoft Cloud drives record fourth quarter results,” the company proclaimed in July; “Microsoft Cloud strength powers record first quarter results,” it tooted in October; and now, “Microsoft Cloud strength fuels second quarter results.”
Given the figures, there are plenty of reasons for Microsoft to stress the same message. The company’s Q219 report saw total revenues of $32.5 billion (£24.7bn), an increase of 12% on this time last year. Of the key revenue buckets, productivity and business processes – which focuses more on software – broke $10bn at a 12% lift on last year, while intelligent cloud, focused more on infrastructure, hit $9.38bn at a 20% uptick.