Microsoft Changes How It Reports Its Financial Results
September 28 2015 - 5:29PM
Dow Jones News
By Tess Stynes
Microsoft Corp. announced changes to how the company presents
its financial results, reducing the number of segments reported to
three from seven, as the software maker aims to emphasize its
mobile and cloud businesses.
Beginning this quarter, Microsoft will report revenue and
operating income based on three operating segments: Productivity
and Business Processes, Intelligent Cloud, and More Personal
Computing.
The Productivity and Business Processes segment includes results
from Office and Office 365 for commercial and consumer customers,
as well as Dynamics and Dynamics CRM Online.
The Intelligent Cloud segment includes results from public,
private and hybrid server products and services such as Windows
Server, SQL Server, System Center, Azure, and Enterprise
Services.
The More Personal Computing segment includes results from
licensing of the Windows operating system, devices such as Surface
and phones, gaming including Xbox consoles, and search.
The changes take effect this effect, its fiscal first quarter,
which the company plans to report Oct. 22.
Write to Tess Stynes at tess.stynes@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
(END) Dow Jones Newswires
September 28, 2015 17:14 ET (21:14 GMT)
Copyright (c) 2015 Dow Jones & Company, Inc.
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