Andre Yoskowitz
26 Oct 2014 18:40
Earlier this week, Microsoft announced their latest quarterly earnings, showing an overall strong report.
Of note, the company's Surface revenue and Xbox sales grew significantly, both doubling year-over-year.
Surface revenue was up 127 percent YoY to $908 million for the fiscal Q1 2015, and Xbox console sales grew 102 percent to 2.4 million for the quarter. The Surface revenue increase should put to bed the rumors that Microsoft wants to shut down the tablets due to low sales.
"Customers are embracing our latest technologies from Surface Pro 3 and Office 365 to Azure and SQL Server," Microsoft COO Kevin Turner said in a statement. "Through great execution by our sales teams and our partners, we have been able to deliver our truly differentiated value to the marketplace."
Revenue in the Xbox division also increased by 58 percent as the Xbox One launched in 28 new nations throughout the world during the quarter. The Xbox One is clearly outmatched by the Sony PS4, which has outsold the console for 9 straight months, but the sales are still large and not expected to slow down anytime soon.
As an aside, Microsoft says they sold 9.3 million Lumia smartphones in the quarter, up just 5.6 percent YoY as the global smartphone race remains a two-horse race.
Source:
VB