Profit and revenue Microsoft in the first Fincastle exceeded forecasts


Moscow. October 23. The world’s largest software maker Microsoft Corp. increased net profit in the fiscal first quarter by 1.8%, in particular due to reduced costs.

According to the press release, net profit in July-September amounted to $4,62 billion, or $0,57 per share, compared to of $4.54 billion, or $0,54 per share, for the same period in the previous Vigoda.

Microsoft profit, excluding one-off factors amounted to $0,67 per share versus $0.65 per share a year earlier.

The company’s revenue decreased 12% to $20,38 billion, revenue excluding one-off factors – $21.7 billion

Analysts surveyed by Bloomberg on average had predicted adjusted profit and revenue Microsoft $0,59 per share and $21 billion.

In the company’s reporting of its operations for the first time divided into three new divisions.

Microsoft revenue in the segment of personal devices has declined in the last quarter by 17% to us $at 9.38 billion, operating profit decreased by 3.5% to $1.56 bln the Results of this division includes the income from the sale of Windows 10, smartphones, tablet PCs, Xbox game consoles and income search business Bing.

Revenue of the company’s business in the field of cloud-based services jumped by 7.6% to $5,89 billion, operating profit grew by 14% to $2.4 billion.

The unit development of a package of Office applications, have reduced revenue by 2.8% to $6,31 billion, operating profit by 7%, to $3,11 billion.

Earlier this month, Microsoft introduced an updated version of smartphones Lumia, Surface tablet & fitness-tracker Microsoft Band, the first model produced by the company of the notebook Surface Book, but also announced an update to the Xbox One and HoloLens holographic glasses output in the first quarter of 2016.

Microsoft shares to additional trading on Thursday rose by 5% to $50,42.