Microsoft reports $56.5 billion in revenue for FY24 Q1, declines in Surface offset by increases in cloud, Office, and Xbox

[Windows Central]

Microsoft has released its earnings report for Quarter 1 of Fiscal Year 2024, showing a 13% increase in overall revenue year-over-year.

Microsoft reports $56.5 billion in revenue for FY24 Q1, declines in Surface offset by increases in cloud, Office, and Xbox : Read more

 

[naddy69]

"Microsoft's revenue this quarter was up 13% year-over-year, mostly thanks to the cloud again."

Yes, of course cloud is growing.

"Still, the Devices category has seen year-over-year decreases of between 20-39% for the last four quarters."

Yes, of course Surface is shrinking. The entire PC market has been shrinking for the last 13 years, minus 2 years of growth during Covid when everyone suddenly needed a PC to work from home.

Windows PCs are not the future for Microsoft. With Panos Panay suddenly leaving, I suspect that the entire Surface brand will be gone sooner rather than later. That's why Panos is Gone Daddy Gone.

 

[DontBeEvil10]

I loved Surfaces and Windows 10 till they made sense... than everything went downhill moving apps and OS controls to slow, heavy, pen and touch unfriendly web tech.