Tag: FY 2016

Microsoft Surface revenue up 29%, phone revenue declined 49% in Q2 FY 2016

Microsoft has announced earnings for Q2 2016 where it reported $25.7 billion in revenue and $6.3 billion in net income. It looks like Surface is finally doing the job for Microsoft, as it recorded $1.35 billion in revenue, up from $672 million in previous quarter and up from $1.1 billion year-over-year.

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Microsoft records $20.4B in revenue, $4.6B in net income for Q1 FY 2016, Phone sales down 54%

Microsoft has released financial results covering for the first quarter of its 2016 fiscal year. The company reported $20.4 billion in revenue, which is down 12 per cent year over year.

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