|Microsoft records Q1 results as record, surface, and games all grow|
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Microsoft records Q1 results as record, surface, and games all grow
Microsoft records Q1, games all grow, Microsoft, gaming, games, Microsoft launched Surface, Surface Pro 6, Surface is now, latest tech news, tech, tech news, breaking, new Surface Pro 6, Microsoft also unveiled, Surface 2 laptops, Microsoft Q2 2019, Surface Studio 2, Microsoft's gaming business, Xbox revenue grew, Xbox One X, xCloud in 2019, Microsoft's cloud games, PlayStation Now, desktop computer, google, laptop, chrome,
Microsoft recorded the first quarter of its financial results for 2019 today, revenue of $ 29.1 billion and net income of $ 8.8 billion.
Revenue rose by 19 per cent and net income rose by 34 per cent.
Microsoft says this is the first quarter of record, thanks in large part to strong growth in the draw.
Surface revenue jumped 14 percent year-on-year in the quarter to $ 1.1 billion.
This is the first quarter since Microsoft launched Surface Go Tablet in August, and Surface is now a company with a capital of $ 1 billion.
Microsoft also became the manufacturer of the top five computers in the United States in the fourth quarter, thanks to Surface.
Microsoft also unveiled the new Surface Pro 6 and Surface 2 laptops, but these devices will not be put up for sale until October, so revenue will be calculated in the next quarter.
Similarly, the new version of Surface Studio 2 and the Surface Headsets will not be available until next month, so we will have to wait for the results of Microsoft Q2 2019 to see if they have an impact.
|new Surface Pro 6|
Microsoft's gaming business has grown steadily in recent times, and revenues have risen by 44 per cent this quarter.
Xbox revenue grew 94 per cent this quarter because of the timing of the release of Xbox One X. Microsoft to bundle Xbox One consoles, Xbox Live, and Game Pass into a monthly subscription service
The number of active Xbox Live users also increased to 57 million in the fourth quarter.
Microsoft has recently revealed that it plans to begin trials of the game streaming service on xCloud in 2019. Microsoft plans beta 2019 for Project xCloud is game streaming service
Microsoft's cloud games will enjoy strong competition from services such as GeForce Now,
PlayStation Now, Shadow and Liquid Sky.
Google is testing its Project Stream service, which will allow players to run Assassin's Creed Odyssey through Chrome on a laptop or desktop computer.