Microsoft Q2 FY18 Earnings: Dynamics products and cloud services grew 10%

Microsoft today announced FY18 Q2 earnings results. Revenue in Productivity and Business Processes division was $9 billion and increased 25% (up 24% in constant currency). Microsoft reported that Dynamics products and cloud services revenue increased 10% (up 9% in constant currency) mainly driven by Dynamics 365 revenue growth of 67% (up 68% in constant currency).

Apart from the above numbers, Microsoft didn’t reveal any other details about Dynamics business. Last year, Microsoft mentioned that nearly 2/3 of the Dynamics 365 Finance and Operations and Dynamics AX seats sold were online, so I think this trend would have continued in the last quarter as well. LinkedIn contributed a revenue of $1.3 billion during the last quarter with sessions growth over 20%.