Latest in Gear

Image credit:

Microsoft's Surface revenue up 32 percent alongside its booming cloud

It turns out having new hardware helps.
Devindra Hardawar, @devindra
April 26, 2018
Share
Tweet
Share

Sponsored Links

Engadget

Perhaps the biggest surprise from Microsoft's third quarter earnings: Its Surface business is still going strong with nearly $1.1 billion in revenue. That's up 32 percent from last year, when sales dipped to $831 million. By this time last year, the Surface Laptop and Pro hadn't launched yet, which didn't leave much fresh hardware for consumers to pick up. The company's cloud business is still ballooning, unsurprisingly -- it's now up another 17 percent from last year. Overall, Microsoft reported revenue of $26.8 billion (up 16 percent), with a net income of $7.4 billion (a 35 percent increase).

Other quarterly highlights: revenue in its "More Personal Computing" division, which includes Surface and Xbox, is up 13 percent, while "Productivity and Business Processes," where Office and LinkedIn live, has grown by 17 percent. Aside from Surface's recovery, and a healthy 37 percent revenue boost for LinkedIn, there weren't many surprises for Microsoft this quarter. It's business as usual -- it just so happens things are booming.

All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.
Comment
Comments
Share
Tweet
Share

Popular on Engadget

The 2020 Engadget Holiday Gift Guide

The 2020 Engadget Holiday Gift Guide

View
The Arecibo Observatory's telescope has collapsed

The Arecibo Observatory's telescope has collapsed

View
The second-gen Eve V may take on the Surface Pro again in 2021

The second-gen Eve V may take on the Surface Pro again in 2021

View
The Snapdragon 888 is Qualcomm's latest premium CPU for smartphones

The Snapdragon 888 is Qualcomm's latest premium CPU for smartphones

View
The best laptop deals we found for Cyber Monday

The best laptop deals we found for Cyber Monday

View

From around the web

Page 1Page 1ear iconeye iconFill 23text filevr