Friday, July 21, 2017

Office 365 revenue surpassed revenue from traditional Office licensing business for the first time

Last night, Microsoft announced its FYQ4 2017 earnings results with revenue of $23.3 billion GAAP and operating income of $5.3 billion GAAP. Revenue from Office products and services for the enterprise increased 6 percent mainly driven by strong Office 365 commercial revenue growth of 44%. First the first time, Office 365 Commercial revenue surpassed revenue from Microsoft's […]

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