Microsoft reported a 3% increase in revenue on a constant currency basis for the quarter ending December 31 to 25.7 billion US dollars. Its Intelligent Cloud division, which sells the Azure proposition, and its Productivity and Business Processes division, which is responsible for Office 365, led the growth. The More Personal Computing division struggled, dragged down by declining Windows Phone sales and declining revenues from Windows itself.
However, Microsoft did report a 30% increase in Xbox Live users to 48 million, together with "strong growth" in Xbox Live transactional revenue. Source: Microsoft presentation
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