Microsoft Q1 revenues down from last quarter, year-over-year
Google’s had a pretty stellar quarter. Why not Microsoft? While it’s working off of continuing its Office suite, its Surface series of computers and a transformation of its Windows operating system for both PCs and mobile, it turns out that revenues and operating income have slid compared to last quarter and the same quarter from a year ago.
Microsoft’s FY16 Q1 total revenue was put at $20.4B, down from $22.1B from last quarter and $23.2B year-over-year.
Operating income came in at $5.793B. While it may be up from a reported operating loss of $2.1B in Q4, that number takes the Nokia impairment into account. Outside of that, operating income is down by about $600M. Last year’s total was $5.844B.
3 million subscribers joined Office 365, bringing the total to 18.2 million for the quarter, but revenues from the productivity category dropped 3 percent for the year. Stiff competition drove OEM revenues down 6 percent and phone revenues down 54 percent. The latter figure is currency-adjusted.