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.

Source: Microsoft

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Jules Wang
Jules Wang is News Editor for Pocketnow and one of the hosts of the Pocketnow Weekly Podcast. He came onto the team in 2014 as an intern editing and producing videos and the podcast while he was studying journalism at Emerson College. He graduated the year after and entered into his current position at Pocketnow, full-time.