Office 365 Commercial Revenue Grew Nearly 70%, Total Office 365 Subscribers Now At 18.2 Million
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Microsoft today announced their first quarter financial results. Productivity and Business processes group saw a revenue decline on 3%. On constant currency, revenue was up 4%. Strong growth from Office 365 and Dynamics was offset of US dollar value fluctuations. Gross margin also declined 6% and it was up 1% on constant currency. Microsoft reveled that they now have over 18.2 million Office 365 subscribers up 3 million from last quarter.
