Microsoft’s executive vice president Amy Hood announces “solid results” for its FY16 Q3

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Published onApril 21, 2016

published onApril 21, 2016

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Microsoft has released their earnings report for the third quarter of the 2016 fiscal year and is reporting some great results, with plenty of improvements and solid earnings across the board. In the post put up on Microsoft’s site, Amy Hood, executive vice president, and chief financial officer commented that “Our continued operational and financial discipline drove solid results this quarter. We remain focused on investing in our strategic priorities to drive long-term growth.”

Revenue in Productivity and Business Processes grew 1% (up 6% in constant currency) to $6.5 billion, with the following business highlights:

Revenue in Intelligent Cloud grew 3% (up 8% in constant currency) to $6.1 billion, with the following business highlights:

Revenue in More Personal Computing grew 1% (up 3% in constant currency) to $9.5 billion, with the following business highlights:

We’ll have stories out throughout the day giving you the full rundown of everything that’s in the Q3 report, but the gist of it is this: Microsoft did exactly as well as they wanted to, if not better. 2016 has been a year where they released some of their coolest products – the Lumia 950, the Surface Book, etc. – and it seems like they’re successfully riding on the numbers that those devices were able to bring them.

Radu Tyrsina

Radu Tyrsina has been a Windows fan ever since he got his first PC, a Pentium III (a monster at that time).

For most of the kids of his age, the Internet was an amazing way to play and communicate with others, but he was deeply impressed by the flow of information and how easily you can find anything on the web.

Prior to founding Windows Report, this particular curiosity about digital content enabled him to grow a number of sites that helped hundreds of millions reach faster the answer they’re looking for.

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Microsoft’s executive vice president Amy Hood announces “solid results” for its FY16 Q3