Microsoft Q1 FY18: Surface revenue increases by 12% thanks to the Surface Laptop

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Microsoft today reported its earnings for fiscal year Q1 2018. The company reported a revenue of $24.5 billion, mostly led by Surface and Azure. Even though Microsoft’s More Personal Computing business has remained unchanged in terms of revenue, the company’s Surface business reported a revenue of $1.037 billion — up from $926 million YoY.

Microsoft’s Surface revenue actually increased by 12%, and Microsoft says the growth was driven by the sales of the company’s new Surface Laptop device. The growth in Surface revenue will be reassuring for those who were concerned about the future of Microsoft’s most exciting brand recently.

Surface isn’t the only consumer-oriented feature that experienced massive growth this quarter. In fact, Microsoft’s revenue from its search business increased by a whopping 15%, with revenue from Xbox and gaming increasing by 1%, and revenue of Windows commercial products and cloud services rising by 7%.

You can find the full report here. 

More about the topics: 2018, earnings, fy q1 2018, microsoft, Microsoft Earnings, Microsoft Q1 2018, microsoft surface, Surface