Microsoft posts big hike in profits

Microsoft's Q1 figures to 30th September displayed a 14% uplift in revenue to $33.1bn and an operating profit of $12.7bn, up 27%.

CEO Satya Nadella stated: “We are accelerating our innovation across the entire tech stack to deliver new value for customers, and investing in large and growing markets with expansive opportunity.”

Amy Hood, EVP and CFO, added: "It was a strong start to the fiscal year with our commercial cloud generating $11.6bn in revenue for the quarter, up 36% year-over-year."

Dynamics products and cloud services revenue increased 14%, driven by Dynamics 365 revenue growth of 41%.

Revenue in Intelligent Cloud business stood at $10.8bn, up 27%, including a 30% rise in server products and cloud services revenue, driven by Azure revenue growth of 59%.


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