Microsoft has experienced significant revenue growth for the year ended March 31, 2015, largely due to the success of its cloud services, namely Microsoft Azure, Office 365, Bing and Xbox Live.
The company’s revenue for the quarter ended March 31, 2015 grew to $21.7 billion. Gross margin, operating income, and diluted earnings per share (‘EPS’) for the quarter were $14.6 billion, $6.6 billion, and %0.61 per share, respectively.
Microsoft’s restructuring plan, which was announced in July 2014, as well as the ongoing integration of the Nokia Devices and Services business resulted in $190 million in expenses, or a $0.01 per share negative impact.
The company also revealed Windows revenue is significantly declining, with Windows OEM Pro revenue declining 19% and Windows OEM non-Pro revenue declining 26%.
"Customers continue to choose Microsoft to transform their business and as a result we saw incredible growth across our cloud services this quarter," says Satya Nadella, Microsoft chief executive officer.
"Next week at Build we're excited to share more about how we're empowering every individual and organisation on the planet to achieve more with the next generation of our platforms,” says Nadella.
“We executed with strong operational and financial discipline again this quarter, and are seeing positive impact from our investments in key growth areas,” says Amy Hood, Microsoft chief financial officer.
“We remain focused on maximising shareholder value and again increased our overall return of capital to shareholders,” she says.
Devices and Consumer revenue grew 8% (up 11% in constant currency) to $9.0 billion, with the following business highlights:
Commercial revenue grew 5% (up 7% in constant currency) to $12.8 billion, with the following business highlights:
“We remain focused on strong execution from our sales teams. Around the world we're seeing high interest in deployment of our cloud and server products, as well as participation in the enterprise early adopter program for Windows 10,” says Kevin Turner, Microsoft chief operating officer.