Microsoft Q3 FY19 Earnings: More Personal computing is doing fine

Microsoft has released their earnings report for the Q3 of FY 2019 fiscal year ending 31/03/2019.
Here are the highlights from the More Personal Computing division:

  • Windows OEM revenue increased 9% (up 9% in constant currency)
  • Windows Commercial products and cloud services revenue increased 18% (up 20% in constant currency)
  • Surface revenue increased 21% (up 25% in constant currency)
  • Gaming revenue increased 5% (up 7% in constant currency) driven by Xbox software and services revenue growth of 12% (up 15% in constant currency)
  • Search advertising revenue excluding traffic acquisition costs increased 12% (up 14% in constant currency)

Microsoft says that Windows OEM revenue increased primarily due to better chip supply and even better demand, so a perfect storm of supply and demand. That was for pro OEM revenue, OEM non pro revenue declined 1% driven by the same factors.

When it comes to the gaming arena, Microsoft grew Xbox live monthly users by 7% to 63 million and increased its revenue by 5% (7% adjusted for constant currency.) However, the firm acknowledged that hardware had declined with software and services offsetting the loss ofrevenue from that.

You can read Microsoft’s full Q3 earnings here.

Some links in the article may not be viewable as you are using an AdBlocker. Please add us to your whitelist to enable the website to function properly.