Microsoft's Q2 2016: Surface strong and phones weak

Microsoft has published its Q2 fiscal 2016 earnings report, and the company has made $6.3 billion in net income on $25.7 billion in revenue. While Microsoft continues to experience a weak phone offering, Surface is looking for good for the company alongside its impressive cloud and server growth. Microsoft continues to move away from relying on Windows for money, but its cloud and server offerings are helping to balance its revenue losses with Windows.

Surface revenue dipped last quarter, and this time it's up year-over-year by 29 percent to $1.35 billion. Microsoft says Surface Book and Surface Pro 4 helped push overall Surface revenues. At the same time, Microsoft's Windows Phone revenue continues to slide, falling 49 percent year...

Continue reading…



Continue reading...