Thursday, January 26, 2017

Microsoft Q2 FY17 Earnings: Surface Pro 4 and Surface Book drive sales

Microsoft has reported their revenue for Q2 2017, and the Surface line has brought in revenue of $1.321 Billion dollars, owned in part to the continued sales of the Surface Pro 4 (which Microsoft claims is now replacing the Surface 3 and Surface Pro 3 in the sales channels), and Surface Book and a (presumably) small boost from the expensive but critically acclaimed Surface Studio.

In comparison, last quarter the firm posted a revenue of $926 million, and in Q2 2016 a revemue of $1.3 billion. While there is a slight decline YoY, it is clear that there is an upward trajectory for the line.

Microsoft is expected to release a Surface Pro 5 and Surface Book 2 later this quarter, so we would expect the revenue of the Surface line to go up going forward.

As for mobile, Microsoft noted that phone declined by 81% year over year. As Microsoft has not sold any phones for a while now, coupled with the general gloom that perpetually hung over Windows on mobile, this isn't a shock to anyone.

In other news, the company reported a total revenue of $24.1 billion, which is down from $25.7 billion YoY. You can find the full report here. 



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