Microsoft Corp. announced on Friday $18.53 billion revenue for its first financial quarter, ending September 30, 2013, a seven-percent increase over the same period last year.
The most revenue growth happened in the $11.20 billion commercial revenue segment, which grew 10 percent. This segment includes enterprise cloud and server revenue.
According to Microsoft, commercial revenue was buoyed by sales of Microsoft Office and SQL Server, 103 percent growth in commercial cloud revenue, triple-digit growth of Office 365 commercial seats and Azure customers, and cloud deployments among new Dynamics CRM customers, as well as growth in product support and consulting services.
Over this period, server product revenue grew 12 percent and SQL Server Premium revenue grew more than 30 percent.
“Earlier this month we announced our fall wave of enterprise products and services, which touches nearly every aspect of IT,” Microsoft chief financial officer Amy Hood said in a conference call. “We’re seeing solid growth, we’re outperforming our competitors, and we’re taking share in areas like virtualization and the data platform.”
The New York Times’ Nick Wingfield remarked that Microsoft’s results speak well for its commercial business software products and services, but its disappointing traction among consumers.
Still, Microsoft’s vision for greater enterprise cloud adoption seems to be coming together. Microsoft COO Kevin Turner said in a statement, “Strong customer adoption of Office 365, Azure, and Dynamics CRM Online is accelerating our business transition to the cloud.Our investments in SQL database platform, Hyper-V, System Center, and Lync are driving market share gains as these comprehensive solutions enable customers to increase their insight and efficiency.”