Microsoft has forward outlook following its FY16 Q1 results

2 min. read

Published onOctober 22, 2015

published onOctober 22, 2015

Share this article

Read our disclosure page to find out how can you help Windows Report sustain the editorial teamRead more

At least for thefirst quarter of the fiscal year 2016, Wall Street may like to see more from Microsoft’s clouding computing services, like Azure and Office 365. Microsoft’s CEO, Satya Nadella, commented on his thoughts regarding Microsoft’s cloud services growth:

“We are making strong progress across each of our three ambitions by delivering innovation people love. Customer excitement for new devices, Windows 10, Office 365 and Azure is increasing as we bring together the best Microsoft experiences to empower people to achieve more.”

Microsoft saw Azure’s premium services income and computer usage more than double in the past year and Enterprise Mobility customers saw the same double-digit growth. According to Microsoft’s Kevin Turner, more and more businesses are taking notice of Microsoft’s cloud-computing capabilities:

“We’re seeing great traction with businesses who want to bring Microsoft’s cloud, mobile device management technology and data analytics together to improve security and productivity resulting in almost 70 percent year-over-year growth in our commercial cloud run rate.”

Microsoft may benefit even more with business revenue from its cloud products and services in the upcoming year, and in one very early indicator of what might be a trend, Microsoft’s stock price is up almost 8% to $51.78 in after hours trading in the hours after 1st quarter earnings were released.

davew

User forum

0 messages

Sort by:LatestOldestMost Votes

Comment*

Name*

Email*

Commenting as.Not you?

Save information for future comments

Comment

davew

With KB5043178 to Release Preview Channel, Microsoft advises Windows 11 users to plug in when the battery is low#

Copilot in Outlook will generate personalized themes for you to customize the app#

Microsoft will raise the price of its 365 Suite to include AI capabilities#

Death Stranding Director’s Cut is now Xbox X|S at a huge discount#

Outlook will let users create custom account icons so they can tell their accounts apart easier#

Microsoft has forward outlook following its FY16 Q1 results#

With KB5043178 to Release Preview Channel, Microsoft advises Windows 11 users to plug in when the battery is low

Copilot in Outlook will generate personalized themes for you to customize the app

Microsoft will raise the price of its 365 Suite to include AI capabilities

Death Stranding Director’s Cut is now Xbox X|S at a huge discount

Outlook will let users create custom account icons so they can tell their accounts apart easier

Microsoft has forward outlook following its FY16 Q1 results