Microsoft Result 28/01/2016

By Dhruv Dayal Gupta
microsoft
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Microsoft reported Q2 net profit of $5 billion, down 15% YoY from $5.8 billion. Turnover was reported at $23.8 billion, down 11% YoY from $26.47 billion. For the six month period, net profit was $9.6 billion, down 8% YoY from $10.4 billion. Turnover for the same period was down 11% YoY to $44 billion. Traditional businesses of software sales in both commercial and home segments were down, whereas cloud and Office 365 sales were up 140% and 70% respectively.