Microsoft wins big with Surface Pro 3 in latest financial report
With all Microsoft had to show at last week’s Windows 10 event – from HoloLens to Spartan, not to mention what the new OS will mean for the company’s smartphones – there are plenty of good reasons to be excited for what Microsoft’s doing next. But before we start focusing too much on the future, it’s time for another round of looking back on past performance as Microsoft release its latest quarterly financial figures. The overall picture is a mixed bag, but the company does manage to score a few wins in mobile, especially with the help of the Surface Pro 3 and its Lumia phones.
Last time we looked at this kind of data, the Surface Pro 3 was similarly doing strong, helping to generate some $908 million in revenue. That’s up to $1.1 billion for this past quarter.
And while that previous quarter we saw Lumia sales of about 9.3 million units, now we’re up to 10.5 million, adding up to $2.3 billion in revenue. Maybe more importantly, the profit margins look solid, with phone hardware bringing in $331 million after expenses.
Other winners include Microsoft’s cloud offerings; but what about the losers? Licensing revenue took a dip, as did income from Office. Gaming hardware is also pulling in a little less than it did a year ago, but not by a ton. For full details, you can check out Microsoft’s complete financial report through the source link below, but the takeaway for mobile is clear: Microsoft may still have a way to go to compete with iOS and Android, but it’s gaining more and more ground every quarter.