Microsoft has released its latest set of financial results , with a 10% drop in total revenue from year to year, but a solid set of numbers for its cloud services. However, the good performance of the cloud was overshadowed by the continued failure of Windows phones to gain traction in the market, with only 4.5 million devices sold.
This represents an impressive decrease of 57% compared to the same quarter last year. Total telephony revenues were slightly better, down 49% from the previous year.
There was a lot of good news. The company has now reached the milestone of 200 million devices running Windows 10, which in turn is a comeback in other areas: 30% of Bing’s advertising revenue (up 21%) comes from cars . Running the latest version of Windows.
But the highlight was cloud services. Revenues from server products and cloud services increased by 10%, representing currency fluctuations. At the same time, Azure revenues increased by 140%.
All of this is in line with CEO Satya Nadella’s overall strategy to move the company more strongly into the cloud, and this was reflected in the stock market response. shares Microsoft sales increased by about 3% in trading after the program.