Microsoft revenues reach $29.1 billion in fiscal Q1 2019 (ending 30 September 2018)-- a 19% Y-o-Y increase, with net income reaching $8.8bn, up 34% Y-o-Y, on operating income of $10bn, a 29% Y-o-Y increase.
“We are off to a great start in fiscal 2019, a result of our innovation and the trust customers are placing in us to power their digital transformation,” CEO Satya Nadella says. “We’re excited to help our customers build the digital capability they need to thrive and grow, with a business model that is fundamentally aligned to their success.”
The Windows Maker sees growth across the three main divisions, namely Productivity and Business Processes, Intelligent Cloud and More Personal Computing. Productivity and Business Processes covers Office, LinkedIn and Dynamics products and services, and has revenues grow by 19% Y-o-Y to $9.8bn, with all segments seeing growth. For instance, Office commercial revenues are up by 17% Y-o-Y, while Office consumer revenues are up by 16% Y-o-Y. LinkedIn also sees impressive 33% Y-o-Y revenue growth, with record levels of engagement.
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