Microsoft reported that sales of its hardware and cloud-computing services helped to offset a decline in the company’s core Windows business and that it was going to party like it was 1999.
While sales of Windows to computer manufacturers to install on new PCs fell 19 percent in the quarter, that decline was offset by higher revenue from its Surface tablet, back-end server software and cloud-related offerings.
The company said its commercial cloud-related revenue for the quarter more than doubled, and was now running at $6.3 billion a year.
Microsoft’s overall revenue rose six percent to $21.7 billion, above Wall Street’s average forecast of $21.1 billion.
If the US dollar had not been so strong revenue would have risen nine percent, Microsoft said. Still you can’t have everything. Besides a huge pile of Microsoft cash is sitting in off-shore bank accounts waiting for the day that the dollar will be worthless again.